0
Rate this Study Guide:
☆☆☆☆☆The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
Environmental-protection laws can be bad for the economy because they may increase unemployment.
Foreign aid is intended to result in development.
By seeking other trading partners
it could pursue a policy of national self-sufficiency
A gift of money from one government to another government
To get countries or companies to stop doing something objectionable
Interconnections among the people and economies of the world
The colonizers used the resources of their colonies to grow their own economies.
Rationing
The mobility of goods, services, labor, and capital
International Trade
The income gap between rich and poor countries has widened.
It could pursue a policy of national self-sufficiency.
When a country has an absolute advantage in production of that good it may specialize in producing that good.
Type your answer here... High tariffs
Many information technology jobs are shifting from developed countries to the new globalizers.
Free-trade policies
Increased foreign investment.
