Question

47. What type of an economic system are have? economic system are countries to Canada Denmark, Sweden, and Norway likely to a. market economy b. mixed economy C. command economy d. theocratic economy 48. "It no longer makes sense to talk about the German market or the American market. Instead, there is only the global market." What concept is this quotation referring to? a. Globalization of markets b. Moore's law C Cross-cultural literacy d. Nationalism 49. A country that is a democracy is most likely to have a where prices are free of controls, and factors of production are primarily owned by private enterprises or individual businesses -a, market economy b. mixed economy c. command economy d. theocratic economy 50. The was established in 1999 and includes the finance ministers and central bank governors of the largest economies in the world, plus representatives from the European Union. a. The World Bank b. the Federal Reserve Bank c. The World Trade Organization d. The Group of 20 b tal cumulative value of all foreign investment on a worldwide basis is known as the global investment index the stock of foreign direct investment the international gross domestic product the international monetary fund d 52. The refers to the sourcing of goods and services from locations around the to take advantage of national differences in the cost and quality of factors of production. experience curve b globalization of production transnational strategy d. International strategy

Answer 1

Due to presence of HOMEWORKLIB POLICY, I am answering one question.

47.

Ans: a. market economy.

Explanation: This is a fact that canada and nordic countries have market economy.

48.

Ans: a. Globalization of markets.

Explanation: In the era of globalization, consumers can purchase from and producers can export goods to any country around the globe.

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