What would happen from a macroeconomic perspective if a country were to pass a law saying that only citizens are allowed to own property in that country?

Economics Dec 14, 2020

Expert Solution

If the country passes a law that only the citizens are allowed to own property then this will decrease the Foreign Investor Investment (FII) and Foreign Direct Investment (FDI) in the country. With the decrease in investment the aggregate demand will decrease and this in turn will lower the economic growth.

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