Cards in this guide (16)
What type of policy is a certainty that the insurance company will have to make payment
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
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.
What is the reason for putting yourself on a budget
People put themselves on a budget to keep their expenses below
their income.
How do flexible expenses differ from fixed expenses
Flexible expenses vary over time.
How do central banks impact the global economy
They influence the national money supply,which affects the
volume of international trade.
Why do the actions of central banks have an important effect on the global economy
Control of the money supply determines how much money is
available for international trade.
How might a country respond to a trade embargo
It could pursue a policy of national self-sufficiency.
Which of these describes how a five or one ARM mortgage works
The interest rate is fixed for five years and then changes every
year afterward describes how a five or one arm mortgage works.
What are the correct steps to show how a budget is made
What was the reason for support for the republicans
