The difference between the value of the goods a country imports and what it exports is known as a trade ______.

State political parties have undergone a transformation during the past thirty years and they have proven themselves quite adaptable

a. True b. False Indicate whether the statement is true or false

The availability of investment funds for late developers may not be as critical an issue today as in the past because

a. late developers can produce on a larger scale, lowering costs. b. late developers increasingly are able to rely on domestic savings for capital. c. financial markets have been globalized making it easier for foreign investment. d. agriculture is the primary industry of late developers.