Answer to Question #138830 in Macroeconomics for chan

Question

State whether each of following statements is “True” or “False” (Explain why if the
statement is false.)

Businessmen can make more profit by selling their goods in a country with a
higher GDP growth rate than a country with a lower GDP growth rate.

Answer 1

Businessmen can make more profit by selling their goods in a country with a lower GDP growth rate than a country with a higher GDP growth rate. So, the statement is false.