Select a correct fact about comparative advantage and trade:
a. All countries must strive to produce a single (or maybe two) product(s) at the cheapest cost.
b. Producing a product more cheaply is not necessarily in the best interest of trade partners.
c. Some regional markets can withstand two countries producing a single cheap product.
d. Comparative advantage is most beneficial if countries have protectionist policies in place.
Ans: b
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A similarity between the American and British political systems is that in neither country do citizens directly vote for the country's leader
Indicate whether the statement is true or false
A challenge to new democracies being established in countries which were once headed by oppressive regimes is that
A) older people universally prefer older forms of government. B) younger people universally prefer older forms of government. C) the control of the educational system, the media, and religion was, for so long, in the hands of the oppressors. D) democratization reinforces too many normal routines. E) the building of new civil societies is actually more brutal than the oppression of past regimes.
The Civil Rights Act of 1964 increased the federal government's ability to fight discrimination
Indicate whether the statement is true or false.
Under which U. S. President did the political philosophy of greater political participation by ordinary citizens spread throughout the country?
a. Thomas Jefferson b. Andrew Jackson c. Abraham Lincoln d. Teddy Roosevelt