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they wanted to be wealthy

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Q: What new economic ideas encouraged countries to build trade empires?
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What is the relationship of economic freedom to economic growth?

The relationship between economic freedom and economic growth is that it's felt that the freer a society is to spend, the freer it is to build and grow.


How did the New World discovery build an interdependent global economic system?

dw


What are the benefits of trading with other countries?

we get the stuff we dont have from other countries and the stuff we have too much of we can give to other countries.. We benefit from trade from other countries because money is given by overseas countries to pay for the goods or sevices they buy and is put into the Australian economy. By importing we receive goods or services we do not have and benefit from the growing variety.


Why do countries engage in international trade?

People/countries engage in international trade to build a strong relationship among themself.


4 Evaluate the role of IMF and IBRD in promoting international liquid reserves?

The IMF is the world's central organization for international monetary cooperation. It is an organization in which almost all countries in the world work together to promote the common good. The IMF's primary purpose is to ensure the stability of the international monetary system-the system of exchange rates and international payments that enables countries (and their citizens) to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF reviews national, regional, and global economic and financial developments. It provides advice to its 184 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards, and serves as a forum where they can discuss the national, regional, and global consequences of their policies. The IMF also makes financing temporarily available to member countries to help them address balance of payments problems-that is, when they find themselves short of foreign exchange because their payments to other countries exceed their foreign exchange earnings. And it provides technical assistance and training to help countries build the expertise and institutions they need for economic stability and growth.

Related questions

What new economic ideas encourage countries to build empires?

they wanted to be wealthy


Why did European countries want to build new empires in Asia and Africa?

Power and Money.


How did the Inca build their powerful empires?

They fought wars and married the royal families of neighboring countries.


Why did european countries want to expand their empires?

The reason that the Europeans wanted to claim and control land throughout the world were economic ones. In the new lands of the Americas and Africa, the Europeans were looking for gold, raw materials, and land possessions as a way to compete with one another.


Why did the European rulers want to build larger empires?

So Europeans could rule more countries and states.


What is social empires?

it is a game in facbook. you can build empires and fight with your friends! :):):)


Did Confucius build empires?

yes


How did European nations build empires in South Asia?

European nations brought warships and armies to build empires in South Asia.


How do you build a market on Age of Empires 2?

to build it you have to select a builder


How did british navigation acts most affect the economy of new England?

They encouraged colonists to build ships.


Is there a way to build a gate on the Age of Empires 1?

no


How do you build a barrack in empires and allies?

you click on build, go in the category military and click on barraks