Implementing short-term capital controls during the Asian crisis caused Malaysia to recover more ...

Implementing short-term capital controls during the Asian crisis caused Malaysia to recover more slowly than other countries.
 
  Indicate whether the statement is true or false

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Question 2 - Carefully explain why there are gains from intraindustry trade.
 
  What will be an ideal response?

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Question 3 - The Baker Plan emphasized renewed commercial bank loans as a way to restart capital flows to Latin America.
 
  Indicate whether the statement is true or false

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Question 4 - The international investment position of the United States is negative. This means that
 
  A) the U.S. current account balance is positive.
  B) foreigners own more U.S. assets than domestic residents own foreign assets.
  C) foreigners own fewer U.S. assets than domestic residents own foreign assets.
  D) the U.S. current account balance is negative.

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Question 5 - A temporary limitation on capital flows may help stop a financial crisis that has begun.
 
  Indicate whether the statement is true or false

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Question 6 - Which industry was first covered by a free trade agreement between Canada and the United States?
 
  What will be an ideal response?