The most recent period of globalization increased the global GDP at the same time it did what else?
O A. Led to runaway unemployment in developed countries
OB. Widened the income gap between rich and poor countries
OC. Reduced both prices and wages
O D. Led to smaller profits for businesses

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.

What tax is paid by the most people in the united states