In a certain foreign country in 2005, the local currency (the 'Real') was pegged to the U. S. dollar at the rate of $1 U. S.1 Real. The Real was then devalued over the next five years so that $1 U. S. Real. A bank in the Northeastern United States bought assets in this country valued at million Real in 2005. Now that it is year 2010, what is the worth of this bank's investment in U. S. dollars? Should the bank sell out of its investment in this foreign country or should it buy more assets?

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.