ch.3 quiz

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

What is an accurate description of how the political economy of many of the world's nation-states has changed radically since the late 1980s?

There has been a move away from centrally planned and mixed economies and toward a more free market economic model.

Nobel Prize-winning economist Amartya Sen would agree that ________ is/are an important factor in development of a country.

basic health care

Corinne has analyzed the overall attractiveness of doing business with three possible countries and has determined that Country A is the best choice based on the potential for huge economic growth that should occur there because of recent advances in technology. Which factor of overall attractiveness is Corinne basing her decision on?

benefits

A country that abolishes laws that regulate private enterprises and removes price controls is in the process of

deregulation

If a country exercises tight control over prices and output, prohibits private enterprises from operating in most sectors of the economy, and severely restricts foreign direct investment and international trade, it is against the practice of

deregulation

When Mark Zuckerberg co-founded Facebook, he was acting as a(n) ________ since he was the first to commercialize this innovative new product.

entrepreneur

U.S.-based Centra Corporation is hesitant about entering into a licensing agreement with Fission, Inc., a company from another nation, due to the likelihood that Fission will break a contract or expropriate property rights. What specific type of risk is Centra Corporation trying to avoid?

legal

What is one of the three measures used to determine the Human Development Index (HDI) of a country?

life expectancy at birth

People in the West tend to associate a representative democracy with

market economic system

Julie asked her assistant to determine the gross national income of three different countries by evaluating the GNI against the cost of living in the United States. What measure is Julie asking her assistant to use?

purchasing power parity


संबंधित स्टडी सेट्स

02/03: Phonics and Word Analysis

View Set

Exam 1- Significant Figures (practice)

View Set

Essential Words for Ielts Unit 8: Society

View Set

Business Law: Chapter 32-Agency Formation and Duties

View Set

NCLEX - Developmental Stages - Infancy to Adolescence

View Set

Removal of the Unabsorbed Portion of Poisons and Mechanisms of Antidotes

View Set

Colons, Semicolons, and Apostrophes

View Set