Which effect can excessive imports have on a country? It creates a trade surplus. It forces that country to privatize. It leads to a decrease in the gross domestic product. It drives down the value of

asked Jun 19, 2023 56.4k views

Which effect can excessive imports have on a country?

It creates a trade surplus.
It forces that country to privatize.
It leads to a decrease in the gross domestic product.
It drives down the value of that country’s currency.

Which disadvantage does a market economy have?

inefficient production

the lack of private ownership

too much government regulation

the cycle of growth and decline

What is the correct definition of global interdependence?

international rulers forming bonds based on shared values rather than economic needs

developing nations receiving financial aid, support, and charity from developed nations

nations helping those still under the yoke of colonialism to win their freedom

nations and populations relying on each other for resources, goods, and services