They reduce the time (by making it faster) and reduce the cost of trading (by making it efficient).
A procyclical fiscal policy, like those of many state and local governments in the united states, tends to reinforce recessions and booms rather than counterbalance them. This is because they lower taxes and raise spending during a strong economy and to increase taxes and lower spending during a weak economy
Explanation: The fourteen points was aimed to reduce economic barriers, after ww1. He wanted every nation to be treated with economic fairness and with that there be peace among them.
Answer:
3,4,2,5,1
Explanation:
The French and Indian war started in 1754 and ended in 1763
The Proclamation of 1673 happened after the French and Indian war
The stamp act happened in 1765
the Declaration of Independence was adopted in 1776
and the American Revolution ended in 1783
