19. _______________ topics relate to how much money the country makes in a year, how many resources a country imports and exports in a year, and the number of available jobs in the U.S. at a given time.
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19. _______________ topics relate to how much money the country makes in a year, how many resources a country imports and exports in a year, and the number of available jobs in the U.S. at a given time.
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- Suppose a country has an overall balance of trade so that exports of goods and services equal imports of goods and services. Does that imply that the country has balanced trade with each of its trading partners?8 current news articles about Chinese president Xi Jinping. What appears to motivate Xi’s increasing power? What is he trying to accomplish? What are the implications of Xi’s ambitions for U.S. foreign policy? If you were a foreign policy advisor to the President of the United States, what recommendations would you make regarding the United States’ relations with China? Would you bring back a return of the Trans-Pacific Partnership?36.) What is one example of the changing demographics in Europe? a. the population is aging b. imports and exports are increasing c. many countries have rebuilt their economies
- Question 21 An increase in real per capita GDP in an economy would __________ the average standard of living and would _________ life expectancy. raise; have little effect on raise; shorten raise; increase have no effect on; increase lower; shorten Question 22 An increase in _________ would lead to an increase in long-run economic growth. consumer spending and borrowing government taxes and fees resources and technology imports and exports prices and interest rates Question 23 Which of the following are the three major categories of resources? physical capital, technology, institutions land, labor, technology institutions, human capital, land natural resources, physical capital, human capital labor, physical capital, technology5. Economic growth and public policy Fill in blank Suppose Hondamaha, a motorcycle manufacturing firm headquartered in Japan, builds a production plant in Arizona. This is an example of foreign __________ (portfolio, direct) investment in the United States. Answer box questions in picture pleaseWhat may happen if growth in China continues or contracts?
- 1. Haiti is one of the poorest countries in the world. Suppose you were asked to be an advisor to the policymakers of Haiti. Please briefly discuss two policies that you would recommend to them to promote economic development in their country.1. Analyze ways in which the workplace, occupations, the nature of work, and working conditions in Canada have changed as a result of the growth of a global economyQuestion 17 When production in an economy grows more quickly than the population in that economy, which of the following must be occurring? Living standards are falling The economy is a successful one. Real GDP is falling Incomes are growing at a slower rate than the population
- 1. China has a greater GDP value than Canada. Their national GDP is currently 2nd in the world. Why might Canada still be better off in terms of Standards of Living? a) All of the following are correct statements. b) Canada's spending on GDP has a greater percentage going towards health, education and social welfare programs. c) Canada's economic growth has been more environmentally friendly and has caused less damage to their environment. d) There is less extremes between those who have money and those who do not. Hence the wealth in Canada is more evenly spread out when compared to China. e) Canada has a smaller population so our GDP per capita is greater.question 1: Image there are two identical economies except they have different saving rates. What would be the consequences on living standards and growths? You may formulate your answer based on the model of a close economy. Namely you may disregard the issue related to trade and international capital flows.Question 1. To what countries did Mr. Sanchea export his devices? In some countries, export-oriented industries are the primary source of employment. What are the advantages and disadvantages of relying heavily on exports? How might a strong export-oriented economy affect employment? Can you think of an example in which a country relies almost completely on the export of one good? How has this affected the country? 2. What products discussed in the case study were imported into the United States? how did this affect Mr. Sanchez? What imported products are available in your community? Is there any additional value associated with the importation of any of these products (i.e, Frech wine, Italian shoes, Japanese electronics)? What effect on a country's culture might result from the widespread availability of imported goods and services?