Cards in this guide (12)
What type of policy is a certainty that the insurance company will have to make payment
What is the purpose of the loans made by the World Bank
To promote sustainable development
What is the main intention of boycotts
To get countries or companies to stop doing something
objectionable
How does the WTO promote global free trade
By creating multilnational trade agreements
MULTILATERAL... not multinational.
The existence of an international division of labor among countries enables those countries to have what
Why does globalization lead to a reduction in wages in developed countries
Increased mobility allows producers to move jobs to lower-cost
labor markets.
What does the World Bank hope will result from the loans it makes to developing countries
An improved climate for foreign investment
Country X would enjoy an absolute advantage in the production of clothing under what circumstance
Its production costs for clothing were the lowest in the
world.
How do central banks impact the global economy
They influence the national money supply,which affects the
volume of international trade.
How might a country respond to a trade embargo
It could pursue a policy of national self-sufficiency.
What are the correct steps to show how a budget is made
What was the reason for support for the republicans