Question

11. _______ are goods purchased from foreign countries. A. Exports

Answer 1

11. D imports.
12.C
13.D
14.D
15.A

Answer 2

11. The answer is "D. imports".

An import is a good or service brought into one nation from another. "Import" is gotten from "port" since merchandise are regularly transported by means of pontoon to remote nations. Alongside fares, imports shape the foundation of worldwide exchange. On the off chance that the estimation of a nation's imports surpasses the estimation of its fares, the nation has a negative parity of exchange.  

12. The answer is "C.  Not yet fully industrialized".

Developing nation is a nation where the normal salary is much lower than in modern countries, where the economy depends on a couple of fare crops, and where cultivating is directed by crude techniques. In many developing nations, fast populace development compromises the supply of sustenance. Developing nations have additionally been called underdeveloped nations. A large portion of them are in Africa, Asia, and Latin America.  

13. The answer is "D. Cash income".

Cash income means the income got as cash during a predefined period, esp that of rustic and cultivating family units.  

Citizens must report all income from any source and any nation except if it is expressly absolved under the U.S. charge code. There might be taxable salary from specific exchanges regardless of whether no cash changes hands.  

Generally, the IRS considers all pay got as cash, property or administrations to be taxable income except if the law explicitly gives an exclusion.

14. The answer is "C. Higher taxes in the states".

At the point when federal aid is given, there will be more cash for open administrations. Cash that will even now be under neighborhood control however administered by the government.  

I don't think that higher taxes in the cities will be forced. The motivation behind why government help is required is on the grounds that the city has less cash for their open administrations. This implies their assessment accumulation might be inadequate or there are lesser number of utilized people and organizations who settles regulatory expenses.  

The states will bear the extra government help given to urban communities and they repay it by giving higher assessments in the states.

15. The answer is "A. Removing barriers to trade".

Globalization represents to the worldwide reconciliation of universal exchange, venture, data innovation and societies. Government strategies intended to open economies locally and universally to support advancement in poorer nations and raise ways of life for their kin are what drive globalization. In any case, these approaches have made a universal free market that has principally profited global enterprises in the Western world to the disadvantage of littler organizations, societies and average folks.