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Question
________ per person figures can be misleading because they don t consider differences in the cost of living.
A) Gross domestic product (GDP)
B) Gross national income (GNI)
C) Purchasing power parity (PPP)
D) Human Development Index (HDI)
Answer
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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
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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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A political benefit of economic integration is that it
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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.
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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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A) Treaty of Rome
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