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What describes a difference between OPEC and the WTO?
One key difference between OPEC (Organization of the Petroleum Exporting Countries) and the WTO (World Trade Organization) is their primary focus. OPEC aims to coordinate and unify petroleum policies among member countries to stabilize oil markets, while the WTO focuses on regulating international trade and resolving trade disputes. Additionally, OPEC is a voluntary organization composed of oil-producing countries, while the WTO is a global institution with a broader membership that includes most countries in the world.
What are the reasons for a political econom?
Some reasons for studying political economy include understanding the relationship between politics and economics, analyzing power dynamics within societies, exploring how economic policies are developed and implemented, and examining the impacts of economic decisions on different groups in society.
What is one difference between a newly globalized country and a non globalized country?
One difference is that a newly globalized country has increased international trade and investment, which can lead to economic growth and integration into the global economy. On the other hand, a non-globalized country may have limited exposure to international markets and fewer opportunities for economic development and diversification.
What describes the key difference between Sunni Muslims and shia Muslims?
The key difference between Sunni and Shia Muslims lies in their beliefs related to the leadership of the Muslim community after the death of the Prophet Muhammad. Sunnis believe the leader should be elected, while Shias believe leadership should stay within the Prophet's family. This historical disagreement led to distinct theological, legal, and cultural differences between the two groups.
What describes a difference between communist and free economic systems?
In a communist economic system, the government owns and controls all means of production and distribution, while in a free market economy, these are owned and controlled by individuals and private corporations. Communism aims for equal distribution of wealth among all citizens, whereas a free market system promotes competition and allows for varying levels of wealth accumulation.
The difference between economic and economical?
There are differences in the way economic and economical is used. Economic refers to the economy and finances while economical describes a thrifty person.
Which of the following describes a difference between communist and free enterprise economic systems?
Answer this question… Free enterprise systems allow for more individual economic innovation.
What is the difference between customer service standard's policies and procedures?
Difference between Customer Service Standards and Policies and Procedures
The difference between accounting policies and accounting bases?
The difference between accounting and auditing?"
What best describes the economic difference between the north and south just prior to the civil war?
Transportation systems were more developed in the North than in the South.
What is the difference between hot and beautiful?
There is a huge difference between hot and beautiful. Hot is a word that describes appearance whereas beautiful describes personality.
What is difference between business plan and policies?
there is none
Which of the following describes a major difference between the systems of manorialism and European economic systems that developed after the Commercial Revolution?
Manorialism offered farmers and craftsmen less economic freedom than they experienced after the Commercial Revolution.
What was a major difference between Deng Xiaoping's and Mao Zedong's policies as the leaders of the People's Republic of China?
Answer this question… Deng Xiaoping promoted free market policies, while Mao Zedong opposed noncommunist economic systems.
Non economic activities and its examples?
What is the difference between economic and non economic activities.?
What was the result of the laissez-faire economic policies are by the federal government between the Civil War and 1990?
Laissez-faire economic policies Civil War and 1900 results was
What was a major difference between Deng Xiaoping's and Mao Zedong's policies as the leaders of the People's Republic of China?
Answer this question… Deng Xiaoping promoted free market policies, while Mao Zedong opposed noncommunist economic systems.
