Question: 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,

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

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