Globalization must be expected to influence the distribution of income as well as its level. So far as the distribution of income between countries is concerned, standard theory would lead one to expect that all countries will benefit. Economists have long preached that trade is mutually beneficial, and most of us believe that the experience of widespread growth alongside rapidly growing trade in the postwar period serves to substantiate that. Similarly most FDI goes where a multinational has intellectual capital that can contribute something to the local economy, and is therefore likely to be mutually beneficial to investor and recipient. And a flow of capital that finances a real investment is again likely to benefit both parties, since the yield on the investment is expected to be higher than the rate of interest the borrower has to pay, while that rate of interest is also likely to be higher than the lender could expect at home since otherwise there would have been no incentive to send it abroad. Loose talk about free trade making the rich countries richer and poor countries poorer finds no support in economic analysis.
The answer is A. They were planning on using the slaves to dig for them
World War I began after the assassination of Austrian archduke Franz Ferdinand by South Slav nationalist Gavrilo Princip on June 28, 1914.
Answer:
(this might not be the answer u were hoping for)
Explanation:
It was important because it shows how the way of life was then and it shows what rules people had to follow and live their life by. The eightfold path was similar to the ten commandments by Moses.
In late November, early December, the Irish rebellion descended into anarchy as repressed hatred between old Irish Catholics and the new protestant settlers resulted in extreme violence.
