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What theory states that a country should sell more goods to other countries than it buys?
Wiki User
∙ 13y ago
Mercantilism. Mercantilism assumes two things: 1) there is a finite level of world trade which is realisible (i.e.) trade itself is a good); 2) trade is a zero sum game where both parties do not benefit (i.e.) one party will always benefit at the expense of the other; they assume exporting and accumulating coinage is the positive result of trade).
Wiki User
∙ 13y ago
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What is the theory that states a country should sell more goods to other countries than it buys?
mercatilism
What is Optimum Currency Area theory?
It is a theory in economics that says which regions or countries in the world should share the same currency. This theory helps when a country is thinking of joining a currency zone (joining the euro zone in Europe, for instance).
Classical country based trade theory?
This is basically a theory based on international trade that focuses on examining patterns of imports and exports of individual countries.
What economic theory states that workers should create a classless society?
Marxism
What happens when one country in the European Union fails?
There's a famous theory going with this question: namely the Domino Theory (first popularised in the time of Harry S. Truman). The Domino Theory states that if one country fails, all will fail. So if for example Greek didn't receive (financial) aid from the European Union, there would be a high risk that other countries may be affected by their problems and so 'fail' as well.
What is the theory that states a country should sell more goods to other countries than it buys?
mercatilism
What is a theory that a country should sell more goods to other countries than it buys?
mercatilism
What is country-similarity theory?
Country-similarity theory suggests that countries with similar cultural, economic, and institutional characteristics are more likely to engage in trade with each other. The theory argues that shared characteristics between countries facilitate communication, trust, and understanding, leading to increased trade relationships. This theory helps explain patterns of international trade and investment based on similarities between countries.
What theory states that destabilization from any cause in one country can result in collapse of order in a neighboring country and can trigger events in other contiguous states?
The Domino Theory.
What is Optimum Currency Area theory?
It is a theory in economics that says which regions or countries in the world should share the same currency. This theory helps when a country is thinking of joining a currency zone (joining the euro zone in Europe, for instance).
What is dependence theory?
Dependency Theory holds that resources flow out of the countries of the poor, and into the countries of the rich. As a result of how the states have melded with the world order, poor states continued to exist in poverty, while wealthy states continue to increase their riches.
What was the theory that if one country fell to communism the neighboring countries might also fall?
It was known as the "Domino Theory".
Which theory stated that communists would spread from one country to other neighboring countries?
The theory that communists would spread from one country to neighboring countries is known as the "domino theory." This theory was particularly applied to the fear of communist expansion in Southeast Asia during the Cold War, with the belief that if one country fell to communism, others in the region would follow like a row of falling dominoes.
Belief in the Domino Theory would most likely lead a person to support?
The Domino Theory was a political hypothesis used to justify intervention in the Vietnam War. The theory states that if one country fell to communism, then the surrounding countries would also fall to communism.
The theory that if one country fell to communism the neighboring countries might also fall?
damino theory
Theory were if one country would fall to communism the surrounding countries would soon follow is known as the?
Domino theory.
What are the cricisms of malthusians theory on to develping country?
In relation to developing countries, the criticisms of Malthusian Theory state that if you combine a high rate of growth with a high level of poverty, those countries can expect famine and disasters. Uganda is one country that is often used as an example of this theory.
