Financial burden that is imposed on a country as a result of changes in the international economic system is called the
A) most favored nation principle.
B) nondiscrimination.
C) cost of adjustment.
D) internationalization of finance.

Question

Quizplus · Accepted Answer

Cost of adjustment refers to the financial burden that a country has to bear due to changes in the international economic system. This includes costs related to restructuring its economy, retraining its workforce, and implementing new policies to adapt to the new international economic conditions. The other options (A, B, and D) are not related to the concept of cost of adjustment.

Financial Burden That Is Imposed on a Country as a Result