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North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
In a command economy, how is it determined what goods and services will be produced?
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
Unlike the economies of Japan and India, the North Korean economy
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
· It is one of today's most successful global economies. · Its economy is the world's second largest.. · Because of its physical geography there is little land available for farming. What nation is being described?
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
A tariff is a tax on ___.
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
Why is a system of currency exchange necessary for international trade?
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
· It is one of only a few command economies still in existence · It was the scene of widespread famine as recently as the late 1990s. · Though it has an extremely low per capita GDP, it spends the most of its budget on its military. These describe:
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
An import quota is a
North Korea
There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
a
Central government planning decides what will be produced.
Japan
imports
a
is almost entirely run by the government
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