Foreign investment is composed of direct investment transactions (investment in plant, equipment and land) and securities investment transactions. Throught the Post-World War II period, net increases in U.S. direct investment in Europe (funds outflows) exceeded net new European direct investment in the U. S.
Each of the following, if true, could help to account for this trend except:

Created: 3 months ago | Updated: 3 months ago

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Land values in Europe were increasing at a faster rate than in the United States

Duties on imported goods in Europe were higher than those imposed by the United States

The cost of labor (wages) was consistently lower in Europe than in the United States

Labor mobility was much higher in the United States than in Europe.

Islami Bank Bangladesh Ltd (IBBL) Islami Bank Bangladesh PCL - Probationary Officer (04-06-2010) English 2010

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