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Economics

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Bradly Buckridge

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Cards in this guide (18)
What is one effect of World Bank loans to developing countries

Improved climate for foreign investment

What is one purpose of foreign aid

To alleviate poverty or suffering

What is the main intention of boycotts

To get countries or companies to stop doing something objectionable

What circumstances would allow Country A to have an absolute advantage over Country B in the production of computers

Companies in Country A can produce computers at a lower cost.

Why have many developing countries failed to benefit from the spread of free trade around the world

Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.

What does the World Bank hope will result from the loans it makes to developing countries

An improved climate for foreign investment

Globalization creates greater what

Interconnections among the people and economies of the world

What was the relationship between colonizing countries and their colonies

The colonizers used the resources of their colonies to grow their own economies.

How might a country respond to a trade embargo

It could pursue a policy of national self-sufficiency.

Why does the IMF require countries to accept economic policy recommendations along with the loans it gives

The IMF wants to fix the economies of countries that need its help.

What is something that is not a hazard of globalization

Increased prices are not a hazard of globalization.

Why are the majority of the worlds countries left on the margins of globalization

many countries are too underdeveloped to take advantage of the oppurtunities presented by increasing international rate.

What has been the main drawback of globalization for the United states

Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.

When married but separated can married filing jointly be the filing status

IF you are NOT LEGALLY separated in the state that you are a a resident of on the last day of the year.

Your filing status would be married filing joint or on a separate 1040 federal income tax return MARRIED FILING SEPARATE.

What were the restrictions for Jewish people

I don't know what retrictions are you talking about. Jewish laws or Laws imposed on the Jews by outsiders?

What are the IMF and the World Bank

The IMF is the International Monetary Fund and the World bank is run by th eUN and provides loans to developing countries.

What is largest difference between developed and developing countries

the level of wealth

Match each current trend in the global economy with one of its economic effects.

Improved communication: Easier outsourcing; Trade liberalization: Increased trade; Infrastructure development: Cheaper transportation; Industrialization: Greater productivity.

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