*Under what circumstances would it most likely be considered beneficial for a government to be a large borrower of foreign investment capital?
A. never as there is no economic merit in a policy of running trade deficits
B. if the inflow of capital is absorbed by greater government borrowing
C. when borrowing larger amounts is based on unconventional macroeconomic wisdom
D. when those funds are invested in a way that sustains economic growth over time
Answer:D
*Under what circumstances would it most likely be considered beneficial for a government to be a large borrower of foreign investment capital?
A. never as there is no economic merit in a policy of running trade deficits B. if the inflow of capital is absorbed by greater government borrowing C. when borrowing larger amounts is based on unconventional macroeconomic wisdom D. when those funds are invested in a way that sustains economic growth over time
Explanation: Type: Multiple Choice