Briefly explain whether you agree with the following statement: Because capital will move to the location in

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Briefly explain whether you agree with the following statement: “Because capital will move to the location in which it receives the highest return, over time, per capita incomes of all countries should become the same.”

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:40 AM

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Briefly explain whether you agree with the following statement: Because capital will move to the location in

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Disagree The statement is probably false It does mean that given perfect capital mobility r...View the full answer

Macroeconomics

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