Treaty of Paris. The Treaty of Paris was most generous to the winners. The United States received the Philippines and the islands of Guam and Puerto Rico. Cuba became independent, and Spain was awarded $20 million dollars for its losses.
When people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
<h3>What is demand-pull inflation?</h3>
Demand-pull inflation is a monetary phenomenon where demand exceeds supply and increases prices.
- When the prices of raw materials/labor increase, it leads to an increase in the costs of production and results in higher prices for the consumers.
In conclusion, when people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
Learn more about demand-pull inflation here:
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1. It encourages international cooperation.
- true!
It
leads to peaceful resolutions of international
conflicts. - well, a bit, but only as an extension of the frist thing- so the frist one is a better option!
It protects fragile ecosystems. - nothing to do with that!
It provides jobs for workers
in developed nations. - not, rather in the developing nation
Which is an argument against free trade?
It can limit environmental protection measures. - i don't think this is a very good option, but its the best of those given. Let's say that one country prohibits production which is enviromentally harmful, but cheap: a free trade would challenge this deciosn.
It leads to
international conflict. - no, i don't think so
It increases the prices for many products. -no, it rather decreases
It
violates basic economic principles.
- no, i don't think si
Answer:
Just took the test. The answer is D. A reduction in tensions between the West and the Eastern Bloc.
Explanation:
Cold War, when the commies stoped all food from getting to Democratic Western Berlin