The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
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Term1/15
How can recent government spending be best described
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Definition1/15
Constantly increasing
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Term1/15
What does conditionality require of countries getting loans from the IMF
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Definition1/15
The acceptance of economic policy recommendations
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Term1/15
What does the giving of foreign aid involve
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Definition1/15
A gift of money from one government to another government
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Term1/15
What was the relationship between colonizing countries and their colonies
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Definition1/15
The colonizers used the resources of their colonies to grow
their own economies.
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Term1/15
The government can prevent the shortages that accompany price ceilings by doing what
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Definition1/15
Rationing
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Term1/15
The process of globalization involves an increase in what
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Definition1/15
The mobility of goods, services, labor, and capital
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Term1/15
How might a country respond to a trade embargo
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Definition1/15
It could pursue a policy of national self-sufficiency.
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Term1/15
When might a country specialize in producing a particular good
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Definition1/15
When a country has an absolute advantage in production of that
good it may specialize in producing that good.
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Term1/15
What does complying with consumer-protection regulations do
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Definition1/15
Complying with consumer protection regulations increases
production costs and raises prices.
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Term1/15
Which of these results from greater capital mobility
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Definition1/15
Increased foreign investment.
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Term1/15
What is The ability to produce more cheaply
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Definition1/15
The ability to produce a product or service at a better cost is
called increase productivity. The United States of America leads
the world in productivity.
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Term1/15
Environmental-protection laws limit what
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Definition1/15
The exploitation of natural resources
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Term1/15
What is gross income minus any adjustments deductions and exemptions
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Definition1/15
taxable income :)
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Term1/15
Which of the following does not promote greater international trade
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Definition1/15
Higher tax and tariff levels
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Cards in this guide (15)
What kind of loans does the World Bank make
The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
How can recent government spending be best described
Constantly increasing
What does conditionality require of countries getting loans from the IMF
The acceptance of economic policy recommendations
What does the giving of foreign aid involve
A gift of money from one government to another government
What was the relationship between colonizing countries and their colonies
The colonizers used the resources of their colonies to grow
their own economies.
The government can prevent the shortages that accompany price ceilings by doing what
Rationing
The process of globalization involves an increase in what
The mobility of goods, services, labor, and capital
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 does complying with consumer-protection regulations do
Complying with consumer protection regulations increases
production costs and raises prices.
Which of these results from greater capital mobility
Increased foreign investment.
What is The ability to produce more cheaply
The ability to produce a product or service at a better cost is
called increase productivity. The United States of America leads
the world in productivity.
Environmental-protection laws limit what
The exploitation of natural resources
What is gross income minus any adjustments deductions and exemptions
taxable income :)
Which of the following does not promote greater international trade