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Which of these must be present for international trade to be successful?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
Which type of economic system is based on customs and beliefs?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
Which type of trade barrier is a limit on trade?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
In some countries, it is easy to start a business. What impact does this have on the role of entrepreneurs?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
Who chooses how to produce in a market economy?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
What is a tariff?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
If a country does not invest in its human capital, how can it affect the country’s GDP?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
Who makes all economic decisions in a command economy?
a tax placed on imports
Entrepreneurs can make significant contributions to economies.
traditional economy
embargo
a system for exchanging currencies
GDP may not rapidly increase because poorly trained workers will not be able to do their jobs as well.
the government
individual citizens
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