Multiple Choice
When the Sykes Corporation (an American company) buys shares of Audi stock (a German company) for its pension fund,U.S.net capital outflow
A) increases because an American company makes a portfolio investment in Germany.
B) declines because an American company makes a portfolio investment in Germany.
C) increases because an American company makes a direct investment in Germany.
D) declines because an American company makes a direct investment in Germany.
Correct Answer:
Verified
Correct Answer:
Verified
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