One important difference between the international economy of today and the economy of 100 years ago is
A) that labor is much more mobile.
B) for the first time, technological innovations have reduced the barrier of distance.
C) for the first time, capital is mobile.
D) the presence of international bodies such as the IMF and World Bank.
Correct Answer:
Verified
Q12: The trade-to-GDP ratio for the United States
Q13: An example of a foreign direct investment
Q14: Your text mentions several ways that international
Q15: Countries such as the United States that
Q16: Economists
A)describe reducing tariffs and quotas as shallow
Q18: A major impact of the transatlantic telegraph
Q19: Which of the following is true?
A)Domestic policies
Q20: One of the reasons we know that
Q21: While the world was fairly integrated at
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