International Economics Overview

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Questions and Answers

What does international economics seek to explain?

Patterns and consequences of transactions between neighboring countries
Patterns and consequences of transactions within the same country
Patterns and consequences of transactions and interactions between inhabitants of different countries (correct)
Patterns and consequences of transactions within a continent

What does international finance study?

The flow of labor across international boundaries
The flow of capital across international financial markets (correct)
The flow of capital within a single country's financial markets
The flow of goods across international boundaries

What does international trade study?

Goods and services flows within a single country
Capital flows within a single country
Labor flows across international boundaries
Goods and services flows across international boundaries (correct)

What is the scope of the economic theory of international trade mainly limited by?

<p>Comparatively limited international mobility of capital and labor (A)</p> Signup and view all the answers

What does international political economy study?

<p>Issues and impacts from international conflicts, negotiations, sanctions, national security, economic nationalism, agreements, and observance (A)</p> Signup and view all the answers

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