Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Cosmopolitan cities are typically characterized by:
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Rural locations
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High diversity level
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Slow economy
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Low inflation
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What are the factors that homogenize us:
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Tourism
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Global challenges
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Trade
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All the other options
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What is a balance of payments:
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A balance reflecting the country's payments on the external debt
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A balance reflecting the country's internal debt
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A record of country's import-export relationships with the other countries
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All the country's economic transactions with the rest of the world in a given year
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Foreign-direct investment balance reflects:
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The difference between the outward direct investments made by residents and non-residents in a given year
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The difference between the inward direct investments made by residents and non-residents in a given year
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The difference between the inflows and the outflows of FDI to and from a given country in a given year
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The total value of foreign-direct investments a country makes in a given year
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