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Economics

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Paige Grant

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Cards in this guide (12)
What type of policy is a certainty that the insurance company will have to make payment

None.

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

Specialized production

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

a

b

d

c

What was the reason for support for the republicans

we dont knw so dont ask

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