Direction: Write T if the statement is correct, and F if the statement is incorrect. _____ 7. International Finance refers to the exchange of goods and services between different countries, and it has also helped countries to specialize in products which they have a comparative advantage in. _____ 8. The specialization of goods production in most countries has led to advantageous economic factors such as lower average costs and lower prices for customers. _____ 9. Due to the presence of regionalism, it has become easier for countries to attract short-term and long-term investment. _____ 10. Imperialism refers to the “various methods” that one country employs to gain political, economic and military control over another country or geographic area.
Direction: Write T if the statement is correct, and F if the statement is incorrect.
_____ 7. International Finance refers to the exchange of goods and services between different countries, and it has also helped countries to specialize in products which they have a
_____ 8. The specialization of goods production in most countries has led to advantageous economic factors such as lower average costs and lower prices for customers.
_____ 9. Due to the presence of regionalism, it has become easier for countries to attract short-term and long-term investment.
_____ 10. Imperialism refers to the “various methods” that one country employs to gain political, economic and military control over another country or geographic area.
Step by step
Solved in 6 steps