How does the IMF use its loans to attempt to control and fix the economies of countries that need its help
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Definition1/20
By imposing conditionality
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Term1/20
What does the international banking system consist of
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Definition1/20
A decentralized set of central and private banks
🔄 Click to see term
Term1/20
How are credit unions different from banks
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Definition1/20
Credit unions are nonprofit financial institutions.
Technically, you're answer is incorrect. Credit unions are
not-for-profit, member owned, financial cooperatives. They are NOT
the Salvation Army, the Red Cross, or Goodwill, which are nonprofit
organizations. Credit Unions must earn money to cover overhead
& operations, provide returns to their members and build
capital. Since they are cooperatives, they issue no stock (which
banks do to raise capital to expand branchs and offer additional
services) and the only way credit unions can build capital is
through earnings.
🔄 Click to see term
Term1/20
People who lease a car are paying for what
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Definition1/20
The reduction in the car's value while they're driving it
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Term1/20
What describes how a fixed-rate mortgage works
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Definition1/20
The monthly payment on a fixed-rate mortgage never changes.
🔄 Click to see term
Term1/20
What pair of words best describes the purpose of using cost benefit analysis
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Definition1/20
To make decisions that maximize benefits.
Rational and Subjective.
Objective and systematic
pleasure (benefit) and pain (cost)
calculating and coherent
Rational and structured =making a list of costs and benefits
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Term1/20
Which of these is an important factor promoting increased international trade
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Definition1/20
The reduction of trade barriers
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Term1/20
How do developed countries maintain an advantage over developing countries in international trade
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Definition1/20
They maintain high tariffs on the agricultural goods that many
developing countries export.
🔄 Click to see term
Term1/20
How might a country respond to a trade embargo
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Definition1/20
It could pursue a policy of national self-sufficiency.
🔄 Click to see term
Term1/20
When might a country specialize in producing a particular good
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Definition1/20
When a country has an absolute advantage in production of that
good it may specialize in producing that good.
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Term1/20
What is the increasing interconnectedness of peoples and countries around the world is known as what
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Definition1/20
Globalization..APEX
🔄 Click to see term
Term1/20
What is happening in the information technology sector of the global economy
🔄 Click to see definition
Definition1/20
Many information technology jobs are shifting from developed
countries to the new globalizers.
🔄 Click to see term
Term1/20
The World Bank loans developing countries money in order to do what
🔄 Click to see definition
Definition1/20
The World Bank loans developing countries money in order to
improve conditions in the country. It can be used for various
purposes, including education, job development, and
infrastructure.
🔄 Click to see term
Term1/20
Consumers can use lobbying to accomplish what
🔄 Click to see definition
Definition1/20
To get the government to pass new laws
🔄 Click to see term
Term1/20
Which of these is mostly directly responsible for job loss in the US
🔄 Click to see definition
Definition1/20
Cheap imported goods are responsible for job loss in the United
States.
🔄 Click to see term
Term1/20
What are the correct steps to show how a budget is made
🔄 Click to see definition
Definition1/20
a
b
d
c
🔄 Click to see term
Term1/20
What time is Churchill most clearly using
🔄 Click to see definition
Definition1/20
I cannot answer this question.
🔄 Click to see term
Term1/20
Match each organization with its correct relationship to the government
🔄 Click to see definition
Definition1/20
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
🔄 Click to see term
Term1/20
Match each type of unfair business practice with its description (apex)
🔄 Click to see definition
Definition1/20
1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.
Price fixing: a group of companies agree that all of them will charge the same price.
3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.
🔄 Click to see term
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Cards in this guide (20)
What does greater capital mobility mean
Investment money flows freely around the world.
How does the IMF use its loans to attempt to control and fix the economies of countries that need its help
By imposing conditionality
What does the international banking system consist of
A decentralized set of central and private banks
How are credit unions different from banks
Credit unions are nonprofit financial institutions.
Technically, you're answer is incorrect. Credit unions are
not-for-profit, member owned, financial cooperatives. They are NOT
the Salvation Army, the Red Cross, or Goodwill, which are nonprofit
organizations. Credit Unions must earn money to cover overhead
& operations, provide returns to their members and build
capital. Since they are cooperatives, they issue no stock (which
banks do to raise capital to expand branchs and offer additional
services) and the only way credit unions can build capital is
through earnings.
People who lease a car are paying for what
The reduction in the car's value while they're driving it
What describes how a fixed-rate mortgage works
The monthly payment on a fixed-rate mortgage never changes.
What pair of words best describes the purpose of using cost benefit analysis
To make decisions that maximize benefits.
Rational and Subjective.
Objective and systematic
pleasure (benefit) and pain (cost)
calculating and coherent
Rational and structured =making a list of costs and benefits
Which of these is an important factor promoting increased international trade
The reduction of trade barriers
How do developed countries maintain an advantage over developing countries in international trade
They maintain high tariffs on the agricultural goods that many
developing countries export.
How might a country respond to a trade embargo
It could pursue a policy of national self-sufficiency.
When might a country specialize in producing a particular good
When a country has an absolute advantage in production of that
good it may specialize in producing that good.
What is the increasing interconnectedness of peoples and countries around the world is known as what
Globalization..APEX
What is happening in the information technology sector of the global economy
Many information technology jobs are shifting from developed
countries to the new globalizers.
The World Bank loans developing countries money in order to do what
The World Bank loans developing countries money in order to
improve conditions in the country. It can be used for various
purposes, including education, job development, and
infrastructure.
Consumers can use lobbying to accomplish what
To get the government to pass new laws
Which of these is mostly directly responsible for job loss in the US
Cheap imported goods are responsible for job loss in the United
States.
What are the correct steps to show how a budget is made
a
b
d
c
What time is Churchill most clearly using
I cannot answer this question.
Match each organization with its correct relationship to the government
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
Match each type of unfair business practice with its description (apex)
1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.
Price fixing: a group of companies agree that all of them will charge the same price.
3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.