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Why is a system of currency (money) exchange necessary for international trade?
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
Which of the following is not a factor of economic growth?
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
Currently, the foreign exchange rate for all world currencies is
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
All of these are found in a command economy EXCEPT
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
Which statement is a PRIMARY characteristic of a capitalist system?
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
What is an example of human capital?
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
How does the geography of the United Kingdom impact trade?
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
As of 2011 the economies of the United Kingdom, Germany, and Russia could be classified as MAINLY
private ownership of property
ownership of corporate stock.
There must be a way to pay for goods purchased from countries with different types of currencies
It can be more expensive to import and export goods because it is an island nation
a floating exchange rate, based on market forces of supply and demand.
market
a paint spraying machine
Birth Rate
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