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Question
Many countries in Africa score below 0.5 on the Human Development Index. This means that these countrieshave
A) few political freedoms.
B) poor quality of life.
C) low purchasing power parity.
D) no gross domestic product.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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By pooling cash resources centrally, firms can
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Pooling the cash of all the subsidiaries centrally
A) lowers the interest rate earned.
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Money management decisions attempt to manage the firm s _____ most efficiently.
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B) penalizes distant cash flows too heavily.
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_____ is the technique financial managers use to try to quantify the benefits, costs, and risks of an investment.
A) Capital budgeting
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_____ occurs when high-cost domestic producers are replaced by low-cost producers within the free trade area.
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B) Trade diversion
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A political benefit of economic integration is that it
A) enables participants to achieve gains from the free flow of trade.
B) enables participants to achieve gains from the free flow of investment.
C) allows countries to specialize in the production of goods and services that they can produce most efficiently.
D) reduces the potential for violent conflict and war.
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_____ eliminates trade barriers between member nations, adopts a common external policy, and permits factors of production to move freely between member countries but it also requires a common currency, harmonization of members tax rates, and a common monetary and fiscal policy.
A) A free trade area
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Q:
Which of the following is a reason the European Union is considered an imperfect economic union?
A) Factors of production are not allowed to move freely between member countries.
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Political turmoil and tribalism in several African nations has persistently impeded any meaningful progress in economic integration.
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Which of the following established the second largest currency zone in the world?
A) Treaty of Rome
B) Maastricht Treaty
C) Treaty of Lisbon
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The United States, Canada, and Mexico are member nations of
A) CAFTA.
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What is a drawback of a just-in-time system?
A) Transport costs are high when using a just-in-time system.
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When a multinational corporation buys products or services from one of its suppliers that produces them somewhere else, whether domestically or globally, it is referred to as
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