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Viewing:

Unit 8 B(MC) The United States and the World

front 1

Which term refers to the global problem involving developed and developing nations?

back 1

North-South conflict

front 2

____________ is a country's ability to produce a good at a lower

opportunity cost than another country can.

back 2

Comparative advantage

front 3

What is the name for a system in which private citizens own the factors of production?

back 3

market economy

front 4

In which form of governmen t do the executive and legislative functions both reside in an elected assembly?

back 4

parliamenta ry system

front 5

What eliminated all trade barriers among the United States, Canada, and Mexico?

back 5

NAFTA

front 6

In a ___________system of government, power is centralized.

back 6

unitary

front 7

What is the policy of protecting domestic industries from foreign competition by placing tariffs on imports?

back 7

protectionism

front 8

The ________________ makes China's national policy.

back 8

Politburo

front 9

The ____________ more often involved a clash of ideas rather than a clash of arms.

back 9

Cold War

front 10

Who is the chief executive officer of the United Nations?

back 10

secretary-genera