Asked by Alexa Gonzalez on Jun 07, 2024
Verified
In 2009,the return on American investments abroad was _____ the return earned by foreigners on their investments in the U.S.
A) larger than
B) about equal to
C) smaller than
Investments Abroad
Financial allocations by individuals or companies in business interests or assets in foreign countries.
Return
The profit or loss derived from an investment.
- Analyze the influence of currency value on international investment dynamics and trade equilibrium.
Verified Answer
LF
Liezel FormenteraJun 13, 2024
Final Answer :
A
Explanation :
According to the question, the return on American investments abroad was compared to the return earned by foreigners on their investments in the U.S. Therefore, if the return on American investments abroad was larger than the return earned by foreigners on their investments in the U.S., it means that American investments were more profitable than foreign investments in the U.S.
Learning Objectives
- Analyze the influence of currency value on international investment dynamics and trade equilibrium.