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☆☆☆☆☆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.
The acceptance of economic policy recommendations
A gift of money from one government to another government
A decentralized set of central and private banks
There must be an international division of labor for a country to specialize its production.
The colonizers used the resources of their colonies to grow their own economies.
To make decisions that maximize benefits.
Rational and Subjective.
Objective and systematic
pleasure (benefit) and pain (cost)
calculating and coherent
Rational and structured =making a list of costs and benefits
The income gap between rich and poor countries has widened.
They maintain high tariffs on the agricultural goods that many developing countries export.
It could pursue a policy of national self-sufficiency.
Many information technology jobs are shifting from developed countries to the new globalizers.
enjoying increased international trade and rapid economic growth
Increased prices are not a hazard of globalization.
Increased foreign investment.
Cheap imported goods are responsible for job loss in the United States.
Test new products for safety and effectiveness.
Many developing countries do not benefit from free trade policies, because their industries are to weak to compete in the international market.
I cannot answer this question.
Higher tax and tariff levels
A. Social security _ government agency
B. U.S. Postal Service _ government corporation
C. Boeing _ government contractor
1.Vendor lock in: a company say a wide range of product can be used with its products but this is not true.
- Price fixing: a group of companies agree that all of them will charge the same price.
3.Predatory pricing: a large company charges a price below production cost in order to eliminate small competitors.
