Which term refers to the global problem involving developed and developing nations?
North-South conflict
____________ is a country's ability to produce a good at a lower
opportunity cost than another country can.
Comparative advantage
What is the name for a system in which private citizens own the factors of production?
market economy
In which form of governmen t do the executive and legislative functions both reside in an elected assembly?
parliamenta ry system
What eliminated all trade barriers among the United States, Canada, and Mexico?
NAFTA
In a ___________system of government, power is centralized.
unitary
What is the policy of protecting domestic industries from foreign competition by placing tariffs on imports?
protectionism
The ________________ makes China's national policy.
Politburo
The ____________ more often involved a clash of ideas rather than a clash of arms.
Cold War
Who is the chief executive officer of the United Nations?
secretary-genera