Which do you think would help the citizens of the world’s poorest nations more, increasing foreign aid or removing all agricultural tariffs and subsidies?
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c) Which do you think would help the citizens of the world’s poorest nations more, increasing foreign aid or removing all agricultural tariffs and subsidies?
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- What aspects of the Vietnamese market do you think will benefit IKEA? Should IKEA change components of its traditional business strategy when marketing to Vietnamese consumers? What risks do you foresee that could stunt Vietnam's development in the future?Should U.S. foreign policy include provisions for reducing poverty in other nations of the world? Should U.S. domestic policy include provisions for reducing poverty in the United States? How are these issues similar? How are they different?Despite the sharp economic contraction during 2008-2009, the increase in protectionist mea sures was fairly modest. Why do you think this was the case?
- What are the drawbacks of each ways government policymakers respond to an overvalued ? A. devaluing the currency. B. restricting international transactions. C. increasing the official value of the currency. D. becoming a demander of the currency in the foreign exchange marketWhat are common reasons that governments enact export restrictions? Do you think this policy will work? Why or why not? Explain by giving an exampleShould western trade organizations like the WTO be made/allowed to review the Philippine government socio-economic development programs?
- Socialists are fond of saying that socialism has never failed because it has never been tried. But in truth, socialism has failed in every country in which it has been tried, from the Soviet Union beginning a century ago to three modern countries that tried but ultimately rejected socialism—Israel, India, and the United Kingdom. While there were major political differences between the totalitarian rule of the Soviets and the democratic politics of Israel, India, and the U.K., all three of the latter countries adhered to socialist principles, nationalizing their major industries and placing economic decisionmaking in the hands of the government. The Soviet failure has been well documented by historians. In 1985, General Secretary Mikhail Gorbachev took command of a bankrupt disintegrating empire. After 70 years of Marxism, Soviet farms were unable to feed the people, factories failed to meet their quotas, people lined up for blocks in Moscow and other cities to buy bread and other…Free Universal Health Care Except for the United States, the largest advanced economies in the world all provide a heavily subsidized universal health care system, that is, a publicly funded system that provides primary health services to all, usually at a nominal fee only and with no exclusions based on income or wealth. Although these systems are not perfect, their continued existence seems assured, regardless of the cultural or political framework of the various countries. A logical question is why the United States would be an outlier on this issue, and whether that might change in the future. Some answers, as noted in the text, lie in the United States’ historical reliance on a mostly private system, with approximately 83 percent of health care expenses provided by the private sector through insurers and employers (in contrast, this percentage in the United Kingdom is 17). A solution that has gained traction in recent years is conversion to a single-payer system. How might this…Explain why the education of girls is probably the most cost-effective development investment. Be sure to include in your answer some discussion of at least two of the following: absolute poverty, health and development, fertility, and agriculture.
- When Romania opened itself to international trade, the price of corn in Romania almost doubled. A. Does Romania have comparative advantage in the production of corn? B. Is Romania an exporter or an importer of corn? C. Romanian consumers of corn will be better off or worse off? How about the producers? D. Are there any gains from international trade?In return for aid from EU institutions, nations like Greece and Italy had to agree to O A. increase employment O B. lower economic controls O C. austerity measures O D. leave the EU7. Are current state and federal laws on gambling optimal? Should the nation move in the direction of stricter prohibition? Or should it move to morepermissive laws, including those to legalize online gambling?