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What is the danger to the US economy of relying on foreign sources of oil rather than utilizing domestic sources such as the Gulf of Mexico and ANWR?
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What are the advantages of relying heavily on exports?
One advantage of exporting is the market risk diversification. As a company's manufacturing increases, economics of scale can help competitiveness of exporters in domestic and foreign markets.
What is a mono economy?
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
What was president eisenhowers new look on foreign policy?
decrease budget by relying on weapons, not manpower.
What is the economy in the souther colonies?
it was relying on the indian slave trade and plantations like rice and tobacco and indigo and cotton.
What type of government stays in control by relying on the police and military?
A dictatorship is the type of government that typically remains in control by utilizing the military and the police. A representative democracy is the opposite of a dictatorship.
How closely does the economy in Canada follow the economy in the US?
The Canadian economy shadows the American economy but to a lesser degree. Due to Canada relying on American imports and exports there was a large change in cross-border cash flow which affected the Canadian economy. There are items such as the housing market which are far stronger in Canada.
Why is relying on one crop or resource a bad thing?
If/when the crop fails, they won't have any other things to sell or trade to support their economy.
Under what conditions should a client have a commercial policy instead of relying on a domestic lines policy?
Is their insured property being used in business more than personally?
What was the Norths economy based on during the 1800s?
The North and South had very different economies. The North relied on factories to make goods that they could sell or trade in their economy while the South's economy was mostly agricultural, relying mostly on cotton. -those other answers were wrong
What is the significance of globalisation for Malaysia?
Globalizations is the start of nations relying on each other's economy. It deals with the spread of information technology, financial flows and cultural transfers.
Three advantages for Singapore in adopting a market economy?
decisions of something being built in the society will be made faster
Why would the consumers want the Russian economy to change from relying on Heavy industry to a greater emphases on light industry?
Because the heavy industry is polluting the water and air.
