Which of the following can affect the flow of the world economy?

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Capital

Labour

Technology

All the above

answer is D.

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Detailed Solution

Capital, labour, and technology can affect the world economy's flow.
Due to the flaws in technology markets, foreign direct investment (FDI) is a course for transferring technologies from industrialised to underdeveloped countries. However, evidence shows that FDI into developing countries is a weak route with few technological spillovers. Since the globalisation trend began in the 1980s, some businesses in developing nations have accessed technology through external foreign investment, usually through purchasing companies with various tech-related products. The formation of MNCs shifted production operations to the low wages Asian countries. The flow of capital, labour, and technology can affect the world economy.

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