--%>

Illustrate major economic flows that link U.S. with nations

Illustrate major economic flows that link U.S. with nations.  Provide an example to illustrate each flow.  Explain the relationship between the top and bottom flows.

E

Expert

Verified

The 4 major economic flows are:

1. The flows of goods and services

2. The flows of capital equipment and labor

3. The flows of information and technology

4. The flows of money.

The financial flows provide the money necessary to pay for exports and imports.

   Related Questions in Business Economics

  • Q : Demand Q X= 600- 6PX + 20I +0.4PY c.

    Q X= 600- 6PX + 20I +0.4PY c. Suppose PX increases by 10%, by what percentage would sales decrease? Explain how this price increase affect total revenues from good X.

  • Q : Relation of increased productivity by

    Discussion of a pin factory by Adam Smith focused upon the increased productivity related along with: (w) free international trade as per absolute advantage. (x) specialization and the division of labor. (y) free international trade as per comparative advantage. (z) certainty abo

  • Q : Market Apparent program For the

    For the question below, utilize the given information. The market for gizmos is competitive, with an increasing sloping supply curve and a downward sloping demand curve. With no govt. intervention, the equilibrium price is $25 and the equilibrium quantity is 10,000 gi

  • Q : Describe the Functional distribution of

    Describe the Functional distribution of income?

  • Q : What are the scientific method that

    What are the scientific method that Economists use to establish theories, laws, and principles?

  • Q : Society material wants are scarce

    Explain the foundation of economics where society’s material wants are scarce resources?

  • Q : Introduction of the term Control Factor

    Give a brief introduction of the term Control Factor?

  • Q : Illustrate the advantage of corporate

    Illustrate the advantage of corporate form of organization?

  • Q : What is the opportunity cost of

    What is the opportunity cost of attending college?  In 2000, nearly 80% of college-educated Americans held jobs, whereas only about 40% of those who did not finish high school held jobs.  How might this difference relate to opportunity costs?

  • Q : Cchange in demand and a change in the

    Distinguish between a change in demand and a change in the quantity demanded?