The Scale of Transactions in the International Capital Market Has

question 51

Multiple Choice

The scale of transactions in the international capital market has

• A) grown more quickly than world GDP since the early 1970s.
• B) grown less quickly than world GDP since the early 1970s.
• C) grown about the same rate as the world GDP since the early 1970s.
• D) been fixed by international regulations.
• E) decreased more quickly than world GDP since the early 1970s.

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Definitions:

Yearly Licensing Fee

An annual charge paid to obtain the rights to use a particular piece of intellectual property, software, or other specific products/services.

Market Price

The ongoing rate at which an asset or service is offered for buying or selling in a certain market.

Short Run

A period in economics during which at least one input or resource is fixed, limiting immediate capacity adjustments.

Zero Economic Profit

A condition in which a firm's total revenue equals its total costs, implying normal profit but no excess profit over what is considered normal in the industry.