What are the two ends of the continuum of economic systems? Trade deficit;Trade surplus Communism;Pure Competition Small GDP;Large GDP Goods-oriented; Service-oriented
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What are the two ends of the continuum of economic systems?
Communism;Pure Competition
Small
Goods-oriented; Service-oriented
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- Summarize the twelve economic pillars of (the selected country) CHILE. First pillar: The institutional environment Second pillar: Broad and efficient infrastructure Third pillar: Macroeconomic stability Fourth pillar: Health and primary education Fifth pillar: Higher education and quality training in higher education. Sixth pillar: The efficiency of the merchandise market in efficient countries. Seventh pillar: The efficiency of the labor market Eighth pillar: The sophistication of the financial market Ninth pillar: technological provision Tenth pillar: The size of the market Eleventh pillar: Sophistication of business Twelfth pillar: Innovation Use two additional sources of references and at least five (5) of the concepts to expand the information. Example: Microeconomic, Macroeconomic, Foreign Investment, Tariffs, International Monetary Fund, World Trade Organization, among others. Analyze…Explain the different stages of economic integration.Explain the concept of regional economic integration and discuss two economic reasons and two political reasons why countries in Europe or North America would decide to integrate.
- List and describe the different types of economic integration from the narrowest to the most comprehensive type.What are the actors that facilitate economic globalization? - International Economic and Financial Organizations - Non-Governmental Organizations - International Governmental Organizations - Trans-National Corporations (TNCs)What does it mean to have a globalized economy? International trade is significant to all continues Countries only trade within their borders Trading only happens as the need arises Products are meant to be produced locally Which among the following statement are the benefits and ills of globalization Access to a variety of products Environmental destruction Loss of unique and individual cultures All of the above Why do goods and services move around the world faster than ever? Free trade agreements, and technological advancements Advent of global organizations Space travel Regional alliances
- What are supranational and intergovernmental principles when talking about economic integration? What is the role of both principles when talking about different forms of economic integration?Anti-globalization: A global perspective on why some states oppose globalization.Agree or Disagree and Explain. Globalization is harmful to local cultures, their artistic expressions and sensibilities, and their replacement by a homogeneous, often ‘Americanized’, culture? Increased global communications is positive because it permits the flow of cultural ideas, beliefs, and values?
- The world economy is a system: due to the fact that it includes both developed and developing countries; because it is composed of a unique structure; thanks to the fact that it spreads all over the planet; because there are interdependencies between the component parts;Use a production-possibility curve to show how resource growth and improvement in technology can allow a nation to increase its production of government goods and services while also increasing its output of private goods and services.Discuss the three major approaches to economic integration.