According to economists, which of the following
Statements about international capital mobility is
CORRECT?
A)International resource mobility has had no effect upon world GDP.
B)International resource mobility has had a negative effect upon world GDP.
C)International resource mobility has had a positive effect upon world GDP.
D)International resource mobility has had such a small effect upon world GDP that it is not worth
Measuring.

Question

Quizplus · Accepted Answer

According to economists, international capital mobility, i.e. the movement of money, investments and financial assets across borders, has had a positive effect upon world GDP. This is because it allows for more efficient allocation of capital and resources, leading to higher economic growth and development. However, it can also lead to increased volatility and instability in financial markets, which can have negative consequences.

According to Economists, Which of the Following