Answer:
C- Separation of powers
Explanation:
Seperation of power is the system whereby responsibilities and power are divided and assigned to various arm of the gvernment inorder to ensure effecient and effective delivery of the dividends of democracy to the citizens.
This principle recognizes the fact that, despite the laws and rules of the federal government oft United States, the individual states in US also has its own power to enact laws that would enable it to deliver. This laws may be contrary to the federal laws.
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.
This statement is true.
When making foreign trading policies, things like tariffs decide how many things will be imported from where. If you have a most favored nation, you give them lower tariffs and thus motivate them to trade more with you and you help their economy. There can also be an opposite when you make tariffs higher for someone in order to reduce their importing.
The luxury item that dominated 14th century global trade routes was:
Spices
