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Dane Bernhard ∙
There is an increasing income gap between rich and poor countries, because labor jobs will be moved to the countries with the cheapest manpower.
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.
A gift of money from one government to another government
To get countries or companies to stop doing something objectionable
An improved climate for foreign investment
Interconnections among the people and economies of the world
They influence the national money supply,which affects the volume of international trade.
Control of the money supply determines how much money is available for international trade.
The income gap between rich and poor countries has widened.
It could pursue a policy of national self-sufficiency.
Free-trade policies
The IMF wants to fix the economies of countries that need its help.
Increased prices are not a hazard of globalization.
Increased foreign investment.
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
the level of wealth
A restriction on when a union may call a strike
the migration of workers
by bringing wage reductions