A. Primary products
B. Intermediate products
C. Manufactured products
D. Financial services
I. Short term debt with a maturity of one year or less
Ii. long-term debt with a maturity of more than one year
Iii. repurchase obligations to the imf
Iv. iv public official development assistance
A. The income of one country compared to another
B. The gdp of one country compared to another
C. The quantity of exports of one country compared to another
D. Export prices compared to import prices
A. Total spending / total consumption
B. Total consumption / total income
C. Change in consumption / change in income
D. Change in consumption / change in savings
A. Reduce interest rates
B. Sell its own currency
C. Buy its own currency with foreign reserves
D. Increase its own spending
A. Elimination of border controls
B. No import taxes on goods bought in another members country
C. Each country can retain its own technical standards
D. Common security arrangements
A. Higher interest rates
B. Higher income tax
C. Tariffs
D. Reduced government spending
A. 0.4a
B. 2.5a
C. 10a
D. 1b
A. Employ many young or untrained workers
B. Are competing with well-established overseas firms
C. Are not yet large enough to achieve economies of scale
D. Use a new technology
A. Occurs when countries are granted most favored nation status
B. Occurs when one country voluntarily agrees to reduce its exports to another country
C. Occurs when two or more nations join to form a free-trade zone
D. Occurs when countries develop an acquired comparative advantage that makes their industries more competitive in international markets