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.
She lost in 1994 to George w. Bush despite painting herself as a reformists governor . The republicans have therefore controlled the Texas governorship for the period up to then which translates to two decades and four years.
Answer:
Under the Commerce and Slave Trade Compromise, Congress could not tax state exports or interfere with the slave trade until 1808.
Explanation:
I'm 90% sure that they protested to the taxes
Answer:
if the question is how much the great Wall cost . it cost CNY 635 billion ( approximately USD 95 billion )
Explanation:
i hope its the right answer
