Question

The economic development boards of Singapore and Malaysia and China and many of these countries are visiting regularly the executives of US companies so that US companies would invest in their (Singapore, Malaysia, China and so forth)  countries. True or False?

Answer 1

"The economic development boards of Singapore and Malaysia and China and many of these countries are visiting regularly the executives of US companies so that US companies would invest in their (Singapore, Malaysia, China and so forth)  countries" is FALSE.

Option: B

Explanation:

The invisible hand is the non-observable market mechanism that inevitably allows the demand and supply of products in a free market to reach equilibrium.

An instance of an invisible hand is an individual who makes a decision to purchase coffee and a bagel to make things better, that persons opinion will make financial society better off as a collective. Thus United States did not make investments based on free trade, an invisible hand strategy.