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Why developing countries have not realized the benefits of international trade?
Wiki User
∙ 13y ago
Developing countries have realized enormous economic benefits from international trade, but the benefits have often been squandered due to government corruption, inadequate legal structures, political upheaval, and failure to use the increased wealth to develop sustainable internal social and economic activity.
Wiki User
∙ 13y ago
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Define public revenue?
Public Revenue is the income realized by the government for purposes of financing public administration. Public revenue may be realized from taxation of the various entities and activities within the country or from non-tax sources such as revenue from government-owned corporations, public wealth funds, grants etc.
How much is US trade deficit?
by 2004, the United States realized a record trade deficit of nearly $651 billion.
A decrease in the fair market value of a security that has not yet been realized through an actual sale of the security is called?
Unrealized loss.
What is efficiency is it the only goal of economic policy makers?
Efficiency is when a market that is guided by the invisible hand is able to capture all of the possible consumer and producer surplus. When all surplus is realized it is then that we can say a market is efficient. However, efficiency is not the only goal of an economic policy maker. Policy makers are equally as concerned about equality. The benefits in the market from trade can be viewed as a pie. Efficiency determines the size of that pie while equality equates to how the pie is sliced.
Why do the countries belonging to OPEC not want to produce too much oil at one time?
The Organization of Petroleum Exporting Countries (OPEC) is one such group that is likely to sell oil to Japan. The twelve OPEC countries are Algeria, Angola, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Each of these nations has vast oil reserves which the world has depended on over the last century. Since oil is in such high demand and many of these countries have economic problems, they banded together to create a cartel in 1960. A cartel is an agreement in which a group of producers try to influence the price of their good by limiting its supply.OPEC members realized that if oil prices were too low, they would produce too much and not earn as much money. They also realized that if prices became too high, the overall world economy could be damaged and OPEC would not sell as much oil. Today, OPEC tries to stabilize oil prices by setting quotas for how much each member country is allowed to produce.There are many other organizations that try to influence trade between nations. One of the most significant is the World Trade Organization (WTO). The WTO attempts to reduce barriers to trade among its member countries, which today includes most of the world. The biggest barriers to trade are tariffs. Tariffs are taxes on imported goods which cause them to become more expensive. If a country puts a high enough tariff on a foreign made good, most people would not be able to afford it.
What is an example sentence with the word illiterate?
Here is an example sentence with the word "illiterate":For a moment, I was shocked by the percentage of people living in developing countries who are illiterate, and I realized how lucky I was to be granted with education, where I have the opportunity to learn how to read and write.
What is realized exchange gain?
Realized exchange gain is when a company is selling to a customer who has a different type of currency. When the customer is invoiced at one exchange rate, but in the process, the rate changes and the invoice is paid by a new rate, which benefits the company, they achieve a realized exchange gain.
Can a guy that has had friends with benefits change?
Yes. Speaking as someone with experience in this. Having friends with benefits is something most "kids" do in their teens and early twenties. then they grow up and realized how stupid it is.
Everyone is entitled to a social and international order in which the rights and freedoms set forth in this Declaration can be fully realized?
Absolutely!!
When did the Baby Boom start?
The baby boomers started the year the war ended and the soldiers came home. andyyroxx's answer: After World War II, the benefits of the revolutions (agricultural (meaning the animal breeding, increased food production), industrial (when goods were manufactured in factories), and science (medicines were created, advances in technology)) had spread. The developed countries fought diseases and lowered infant mortality rate in developing countries, therefore sharply decreasing the death rates. But, birth rates still remained high, and hadn't dropped until about 20 years later, until families realized what was happening.
Why did Nike move their factories out of America?
They realized they could save money by moving their factories to countries where they could pay the workers less.
What benefits in your life could you have realized if you did not have the personal costs associated with your driving behavior?
If I did not have the personal costs associated with my driving behavior, I could have realized benefits such as saving money on maintenance, repairs, and fuel expenses. Additionally, I could have had a reduced environmental impact by driving less and opting for more sustainable transportation options. Lastly, I might have experienced less stress and frustration related to traffic or parking issues.
What security benefits are realized when a group policy is applied to a select group of user accounts?
The permissions helps to restrict/monitor the movement(accessing of resources) of the user in the domain.
Is kettle cooked popcorn healthy?
Not really. The health benefits of popcorn can be realized with plain popcorn. Kettle popcorn is covered in sugar, salt, and fat. Check the label.
Do pears have calcium?
Calcium deficiency may be more common than realized; lime is often desirable to reduce soil acidity and because of other indirect benefits.
Why is joe chin not on ghost hunters international anymore?
Because they finally realized he never brought anything to the show except his perpetual deer-in-the-headlights stare...
Should you invest in a fixed number of years annuity?
That depends on you the purchaser. There are many types of annuities. Each have their own benefits and each have their own period of years for the maximum return to be realized.
