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.
His name was Albert Einstein that’s the answer
Answer:
The Age of Enlightenment
Explanation:
The Age of Enlightenment was a period philosophical and intellectual movements. It is most popularly known as the Age of Reason or the Enlightenment period. This period showed the movement of reforms and intellects which dominated the world around 17th and 18th centuries.
This period first witnessed many powerful writers such as Voltaire, Locke and Rousseau who proclaimed the power of individual to enjoy the human rights. They argued the use of reason in solving problems and also believed in the progress of the man.
In this period, the Western people noted and expressed the Universal Declaration of the Human Rights in the written form.
Answer:
On April 30, 1803, representatives of the United States and Napoleonic France conclude negotiations for the Louisiana Purchase, a massive land sale that doubles the size of the young American republic.
Answer:
Easy
Explanation:
President Hoover did absolutley nothing leaving the people to basically fend for themselves.
President Roosevelt instated acts that gave citizens jobs who were and while it didn't benefit everyone it still helped
