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</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</p> Signup and view all the answers

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