Why has Venezuela struggled to make the lives of its citizens equally happy, healthy, and safe and how has the U.S impacted this region?

Q: What policies and practices did the United States of America use to control the governments and…

A: The term "government" is also used in the Commonwealth of Nations. It is used more narrowly to refer…

Q: What measures do governments take to promote exports and restrict imports? Who benefits and who…

A: Protectionism is a policy taken by the government to restrict free trade mainly to protect the…

Q: What happens when the U.S. places economic sanctions on another country?

A: Economic sanctions are economic or financial punishments against the certain policies of a country.…

Q: Do international trade or treaties impact Mexico?

A: The international trade is the import and export of goods and services which is carried across the…

Q: import and export?

A: Imports are the goods and services, purchased from the rest of the world by a country, rather than…

Q: How does trade and specialisation create winners and losers within countries?

A: The movement or transfer of goods and services from one country or entity to another in exchange for…

Q: what way did world economic patterns and growth change as Latin America became more integrated into…

A: The global economy, often known as the world economy, is the total of all activities that take place…

Q: what specific kinds of domestic institutions leads to protectionism and liberalization?

A: Trade liberalization  has always bene one of the controversial topics and it has been opposite to…

Q: The history of trade agreements shows the shifts over time between globalism and nationalism. Where…

A: History of trade agreements includes mostly nationalist rather than globalist agreements of trade…

Q: NAFTA has improved Mexico-U.S. trade and investment, yet, bilateral trade between the United States…

A: Trade means goods and services are exported to other countries and imported from outside the…

Q: If a country closes off to trade and prices remain unchanged, what does that mean?

A: A closed economy refers to one that does not trade with other countries. As a result, the closed…

Q: Define protectionism as a policy and describe what a country stands to lose when it enacts such a…

A: In an economy, protectionism is considered bas one of the government policies to influence the…

Q: How big are exports and imports as a percentage of current GDP?

A: Total national output (GDP) is the gross market value of the total goods and services produced…

Q: Describe the U.S  role in the world economy.

A: The objective of this question is to understand the role of the United States in the global economy.…

Q: What are the economic and cultural differences between BRIC countries and the United States?

A: BRIC countries (Brazil, Russia, India, and China) are considered to be emerging economies with…

Q: Why do businesses pursue international expansion beyond their domestic markets?

A: Companies go international because they want to expand their operations beyond domestic markets such…

Q: Does it help a country to expel one foreign power and be under the control of another country?  How?

A: International trade is the trade between multiple nations. It happens when the national trade is…

Q: Any goods, raw materials, or services that are produced in one country and then sold to another…

A: This is a common practice from the history.

Q: Can globalization be helping build a “new world order”?

A: Indeed, globalization be helping build a “new world order. Decay of the United Nations, alongside…