Many experts discuss re-shoring. This is the idea that jobs are returning to the USA.
In order to receive the financial assistance that Greece nee…
In order to receive the financial assistance that Greece needed, they had to agree to what were called “austerity” measures…
Creative destruction is a term given to the idea that:
Creative destruction is a term given to the idea that:
A Lorenz curve shows the distribution of income for a countr…
A Lorenz curve shows the distribution of income for a country.
Steve Jobs also suggests that China “lures” foreign firms to…
Steve Jobs also suggests that China “lures” foreign firms to move operations to China. For example, to entice American firms to do their production in China, these Chinese companies…
The bailout and austerity measures had to be voted on by Gre…
The bailout and austerity measures had to be voted on by Greek citizens. Because they had no other choice, the plan was approved, even though it was by only a narrow margin.
Creative destruction has victims…there are winners and los…
Creative destruction has victims…there are winners and losers.
We learn that the standard diet for children in the communit…
We learn that the standard diet for children in the community is _______ so they are not getting the nutrition they need.
Suppose countries A and B have made an agreement between the…
Suppose countries A and B have made an agreement between themselves to limit the amount of things that they export to each other. This is an example of what kind of non-tariff trade barrier?
Citizens in North Korea live in fear because the leader has…
Citizens in North Korea live in fear because the leader has the ability to banish them to: