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What was the Treaty of Rome and which countries were signatories?
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- Which country do you prefer andwhywhat is the economy relatioship betwen france and tunisia ?Give typing answer with explanation and conclusion According to classical economists, instead of mercantilism, which says countries should produce everything themselves, what should countries do? a. Use tariffs to protect local industries b. Create an organization that dictates how countries should trade c. Specialize in producing what they are good at producing, and import other goods d. Engage in trade wars to try to gain an advantage
- Identify and state the signifificance of each of the following: (a) WTO; (b ) EU; ( c) euro; (d) NAFTA. What commonality do they share?How do two countries benefit from trading with each other?I’m what way did world economic patterns and growth change as Latin America became more integrated into the world economy?
- Why is a country better off not isolating itself from all other countries? • Why do wehave markets, and according to economists, what roles should government play inthem?ON CULTURE: Not all people in your country support globalization, and some feel that globalization is an economic threat. However, to what extent could it be they may also feel that it is a threat to their culture?Case: Suppose you are watching a news report with a friend. The news report points out that a certain African nation generates a GDP per capita of only $1300 per year. Since your friend knows that Slovenia’s GDP per capita is approximately $26 000, he suggests that Slovenians are materially 20 times better off than the people of the African nation. Is your friend’s statement accurate?