European Union Economics
Posted in EU Info on 10/06/2010 11:23 pm by admin
Help! Economics questions i don’t know.?
10 points to who ever get’s these right.
1.South korea is an example of a nation that:
A. Rebuilt a war torn economy
B. was able to develop w/o foreign assistance
C. Could maintain its wealth through years of wars
2.If a developing nation is modeled after a market economy it would:
A.encourage entrepreneurship
B. establish a strong federal government
C. have bery high interest rates
D. declare corporations to be illagal
3. which of the following nations has the lowest Per capita GDP?
A. U.s
B. U.K
C. Haiti
D. Kuwait
4. The European Union is primarily a(n)
A. Cultural organization
B. Defensive alliance
C. Banking system
D. Economic organization
5. An Economic problem that Japan faces is:
A. lack of seaports
B. Shortage of foreign markets
C: high wages paid to workers
D. Lack of natural resources
1. A
2. A
3. C
4. D
5. D
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