7.05 Unit Test: The United States and Globalization - Part 1 2022

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Which of the following economic institutions aids less developed countries by providing loans for economic development? World Bank The International Monetary Fund assists countries by providing ... what? advice and technical assistance. 00:14 01:23 Which of the following countries is NOT a developed nation? Mexico Which of the following is NOT a characteristic of a developed country? low life expectancy What is it called when countries block the importation of certain products into their country? trade barrier Which of the following is NOT a major import of the United States? airplane parts Which of the following is NOT a major export of the United States? agricultural products What is it called when a country can produce an item at a lower opportunity cost? comparative advantage Which exchange rate system allows for fluctuations in currency values on a day-to-day basis? flexible exchange rate system Which of the following countries is NOT involved in the North American Free Trade Agreement? Nicaragua Is this statement true or false? One goal of the United Nations Development Program is to rid the world of poverty. true Is this statement true or false? The World Bank gets its funds through the sale of bonds in financial markets. true [Show More]

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