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Which of the following describes one of the major drawbacks of free trade between countries?
Wiki User
∙ 8y ago
Answer this question… Workers may lose their jobs if their employer decides to relocate to a country with cheaper labor
Wiki User
∙ 8y ago
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Which of the following describes one of the major economic benefits of free trade between countries?
Answer this question… Companies can lower production costs by producing goods in countries with low average wages.
Which of the following is a benefit of trade between two countries?
A wider variety of goods is available in both countries.
What best describes global economic trends?
the gap between rich and poor countries is getting larger.
How do you best describes the relationship between competition and a free-market economy?
The following statement best describes the relationship between competition and a free market system: Competition increases within a free market system.
Circular flow refers to the economic model that describes which of the following?
mutual circulation of income between producers and consumers
Which of the following describes a similarity between World War I and World War II?
Both were total wars that involved countries' entire populations :)
Which of the following describes one of the major economic benefits of free trade between countries?
Answer this question… Companies can lower production costs by producing goods in countries with low average wages.
Which of the following describes a similar between the process of industrialization in china and russia?
Industrialization in both countries was guided by governments rather than private businesses.
Which of the following describes a similarity between industrialization in Japan and the US?
both countries experienced rapid urbanization following industrialization
Which of the following describes the relationship between angle 8 and angle 7?
A+
Which of the following describes the relationship between Jim and Gaston Cleric?
yes
What describes a promise between countries to fight together during war?
alliance
Which of the following describes the difference between nitrogen-14 and nitrogen-15?
Negus PLs
Which of the following describes the relationship between angle 6 and angle 8?
vertical angles
Which of the following describes the relationship between angle 4 and angle 5?
consecutive angles
Which of the following lists accurately describes the major motivation for European exploration during the 15th and 16th centuries?
The need for new trade routes to the east, the desire to spread Christianity, and competition between European countries
What option best describes the concept of globalization?
The growing cultural and economic interconnections between the countries
