The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.
Underdeveloped countries don't have the productive capacities necessary to take advantage of increasing international trade.
When it gives up less than others to engage in a particular type of production
The IMF wants to help fix the economies of countries that need its help. <apex>
The downsides of globalization affect many people who often feel they have nowhere to turn other than violence.
Central banks control the foreign currency reserves that are used for international trade.
They also set each country's monetary policies.
International trade enables specialization, which brings increased efficiency and greater competition.
It only benefits a handful of the world's countries.
An improved climate for foreign investment
Countries with well-established infrastructure and productive capacities have more competitive industries.
By assuring that producers will have open access to necessary resources
There must be an international division of labor for a country to specialize its production.
Brand new items to replace the items lost (APE*)
Annual percentage rate: The amount of interest paid on unpaid balances;
Grace period: Number of days to run a balance before fees or interest are charged;
Secured card: A credit card with money in a savings account to act as collateral;
Credit report: A listing of a person's financial information and history.
Flexible expenses vary over time.
Lower production costs help lure foreign investment.
Companies taking advantage of low labor costs don't make trouble for repressive governments.
Control of the money supply determines how much money is available for international trade.
Students don't have to provide any collateral to get a student loan. On some student loans, payment may be deferred until the student is out of college.
Increased security concerns
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
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Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
we dont knw so dont ask
Many developing countries do not benefit from free trade policies, because their industries are to weak to compete in the international market.
by bringing wage reductions