Power
During the Cold War, the polarity of the international system was
What is Bipolarity?
To increase taxes to lower consumption, is a __________________ policy.
Fiscal/contractionist ?
If Country A making 1 car stops producing 2 units of coffee. And Country B making 1 car stops producing 5 units of coffee.
Who has the comparative advantage in producing cars?
Is it Country A?
because 1car=2coffee is less opportunity cost than 1car=5 coffee.
The pattern of falling death rates, followed by falling birthrates, that generally accompanies industrialization and economic development.
What is demographic transition?
____ are cultural entities. is a group of people who identify with one another politically because of common characteristics such as shared history, language, culture, religion or race.
What are Nations?
is a situation in which each individual acts according to his own self-interest and the outcome is not optimal for any one.
What is the prisoner's dilemma?
measures the dispersion of income or distribution of wealth among the members of a population.
What is the Gini coefficient?
Amber from Chiapas crossed borders, now it is sold to China.
This is accounted in the GDP as...
living on less than $2.15 per day.
What is Extreme poverty?
when companies hire outside firms to lower production costs. ex. Call centers in India
What is outsourcing?
a japanese assembly line opens a factory in tuxtla, how is this considered in Mexico's GDP?
considers life expectancy at birth, years of schooling for adults aged 25 years and more and expected years of schooling for children of school entering age. The standard of living dimension is measured by gross national income per capita.
What is the Human Development Index?
quotas, subsidies, dumping, protecting infant industries these are all examples of
are these Non-tariffs barriers to trade?
stay-at-home parent, students, retirees, disabled, are
Not in the labor force?
they are not considered unemployed because not actively looking for work
the stage of the economy's business cycle that marks the end of a period of declining business activity and the transition to expansion
What is a trough?
_____ are tangible political entities also referred to as countries. can generally be identified by such objective criteria as having a defined territory and a government.
What are States?
Is the rise in prices and decline in purchasing power of consumers.
is the ability of a country to produce more efficiently based on its available resources
What is absolute advantage?
when poverty has become a familial pattern for at least two generations
What is generational poverty?
an arms race is the consequence of this paradox
What is a Security Dilemma?
Palestine and Taiwan seek s____ and s____
What is sovereignty and self-determination?
Maria just married Juan, she quit her job to go live with Juan in his hometown, where she is now looking for a new job. What type of unemployment is this an example of?
is it frictional unemployment?
The difference between the value of a country's exports and imports for a given period.
What is Balance of Trade?
or Net exports( eXports - iMports)
a form of discrimination and prejudice based on social class.
What is classism?
globalizing their religious fundamentalist movement with the single objective of creating a new nation rooted in theocracy. Violence, human rights violations and religious persecutions have been some of the many practices of this movement.
What is the Islamic State of Iraq and Syria?