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.
Answer:
loneliness for land, loneliness for attention, and loneliness for companionship
Explanation:
The most popular strategies used in the 1950s and first half of the 1960s were based on the notion of non-violent civil disobedience and included such methods of protest as boycotts, freedom rides, voter registration drives, sit-ins, and marches. A series of critical rulings and laws, from the 1954 Brown v.
Correct answer: German troops became demoralized and eventually surrendered in the face of the arrival of fresh US troops.
The United States had been providing some support to the Allies prior to its own entry into the war. But when the US joined the effort fully with a declaration of war, that not only meant the arrival of fresh US troops but a commitment of even more American dollars to the Allies' war effort. The American commitment greatly boosted the morale of British and French troops on the Western front and demoralized the German troops.
As to the other answers ...
- Russia did pull out of the war, but that was because it went through a revolution and change of government in its own country, not because of American involvement. Russia's fight was with Germany on the Eastern front, whereas the US entered the war on the Western front.
- No, Mexico did not attack the United States -- although there had been a German diplomatic telegram that had suggested that as a possibility.
- Ottoman forces did their fighting in the Balkans and in the Middle East, and were not involved in the war on the Western front.
