Question

Match each economic activity with one of its purpose

A. World Bank loans 1. Reduce production cost
B. Foreign aid 2. Punish an offending government
C.Trade embargo 3. provide emergency relief
D.Outsourcing 4.Eliminate poverty

Answer 1

A. World Bank loans: 4.Eliminate poverty

B. Foreign aid: 3. provide emergency relief

C.Trade embargo: 2. Punish an offending government

D.Outsourcing: 1. Reduce production cost

Step-by-step explanation:

-The World Bank is a financial institution that works worldwide and provides loans to countries to develop different types projects with the goal of reducing poverty.

-Foreign aid is when a country sends different resources like food, medicines, money to another country to help in a difficult situation.

-Trade embargo refers to commercial and financial sanctions that are set by one or more countries to another one when it engages in behaviors that are not considered correct.

-Outsourcing is when a company hires another one to perform a function that was done inside the company and the goal of this is to decrease the costs.

Answer 2

A. World Bank loans: Eliminate poverty

The World Bank is an international organization committed to giving financing, counsel and research to creating countries to help their monetary progression. The World Bank was made out of the Bretton Woods agreement, because of numerous European and Asian nations requiring financing to finance reproduction endeavors. Starting at 2016, the Bank predominantly goes about as an association that endeavors to battle destitution by offering formative help to center and poor-pay nations.

B. Foreign aid: Provide emergency relief

Foreign aid is characterized as the intentional exchange of assets starting with one nation then onto the next nation. This exchange incorporates any stream of money to creating nations.

Foreign aid can be as a credit or an allow. It might be in either a delicate or hard advance. This refinement implies that in the event that reimbursement of the guide requires remote money, it is a hard advance. In the event that it is in the home cash, it's a delicate advance. The World Bank loans in hard credits, while the advances of its offshoots are delicate advances.

C. Trade embargo: Punish an offending government

A trade embargo is a governmental request to confine exchange of specific products or all merchandise altogether with an outside nation. This normally originates from political contrasts between the two countries or monetary conditions that make business exchange unwanted.

Trade embargos limit exchange between nations for an assortment of reasons. The most widely recognized reason is political clashes between the countries.

D. Outsourcing: Reduce production costs

Outsourcing is the business routine with regards to contracting a gathering outside an organization to perform benefits and make products that customarily were performed in-house by the organization's own representatives and staff. Normally done as a cost-cutting measure, it can influence employments extending from client support to assembling to the back office.

Outsourcing was first perceived as a business technique in 1989 and turned into an indispensable piece of business financial aspects all through the 1990s.