Answer the following statement(s) true (T) or false (F)
1.Globalization of economic power required reductions in tariffs and trade barriers around the world.
2.The “comparative advantage” argument claims that countries benefit when they focus on producing as many goods as possible.
3.Trade slows down the flow of ideas and technology, preventing nations from learning from each other.
4.The World Trade Organization has the power to adjudicate trade disputes between countries.
1.true
2.false
3.false
4.true
You might also like to view...
________ is the development of solidarity between ethnic subgroups
a. Panethnicity b. Ethnocentrism c. Assimilation d. Amalgamation
The introduction of personal computers into American society influenced the means by which people communicate. Which of the following characteristics of culture does this illustrate?
A. Culture is learned. B. Culture is transmitted from one generation to the next. C. Culture is shared. D. Culture is adaptive and always changing. E. Culture is similar across societies.
A group composed of three members is termed a(n) __________
a. triad b. affiliation c. dyad d. accommodation
A ______________________ is a person sought out by the researcher using interview methods because he or she has intimate knowledge of the group being studied and will talk openly about it to the researcher.
a. key informant b. alpha interviewee c. convenience sample d. primary reference