Which effect can excessive imports have on a country?
It creates a trade surplus.
It forces that country to privatize.
It leads to a decrease in the gross domestic product.
It drives down the value of that country’s currency.
Which disadvantage does a market economy have?
inefficient production
the lack of private ownership
too much government regulation
the cycle of growth and decline
What is the correct definition of global interdependence?
international rulers forming bonds based on shared values rather than economic needs
developing nations receiving financial aid, support, and charity from developed nations
nations helping those still under the yoke of colonialism to win their freedom
nations and populations relying on each other for resources, goods, and services