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Answer:
C) A strong cultural emphasis on self-sufficiency and economic independence is the right answer.
Explanation:
The process of general interaction is called globalization which is also integration of different people, government companies and other agencies across the world. It is therefore a form of integration for international and local economies and other unregulated markets. Globalization had been in the increase because of the interactions and increased growth of the international growth.
Therefore globalization is one of the major economic process linking social and cultural aspects together in a have country and other globalized states.
True, President Abraham Lincoln issued the Emancipation Proclamation on January 1, 1863, as the nation approached its third year of bloody civil war. The proclamation declared "that all persons held as slaves" within the rebellious states "are, and henceforward shall be free."
The two major types of transactions that affect the international flow of money are trade in goods and services and capital flows.
Answer: Option D
<u>Explanation:
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Out of all data on international economic transaction in the US, capital flow indicators are most prone to misleads and gaps. It is the exchange in financial assets between US and foreign residents.
Over the past ten years, capital flows have even exceeded trade flows. Information on this is largely needed to study the degree of US economy's internationalisation as below,
- Changing financial markets process in America
- Impact of foreign direct investments on the internal economy
- Foreign investment income in the US and net foreign debt service tax in the US
- The relationship between foreign capital flows and US interest and exchange rate.
Since net capital flows must be consistent with the balance of transactions and transfers (check account) for international goods and services, better information on cash flows would help explain the accuracy of US check account data.
Christians and Sunni Muslims
