Which of the following statements is TRUE?

A) The 1957 Treaty of Rome founded the EU and created a custom union.
B) The 1957 Treaty of Rome founded the EU.
C) The 1957 Treaty of Rome founded the euro.
D) The 1957 Treaty of Rome founded the European Central Bank.
E) The 1957 Treaty of Rome founded the Stability and Growth Pact. known as SGP.

A

Economics

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International dependence theories distinguish between two groups of countries known as

a. rich-poor. b. developed-developing. c. center-periphery. d. independent-dependent.

Economics

In 2008, foreclosures reached a record high. Which of the following is NOT a possible reason for foreclosures?

A) Many mortgages were initiated without a down payment. B) Many mortgages were initiated on secondary and investment homes. C) Some mortgages were adjustable rate mortgages which might have dramatically increased monthly payments for some. D) Property values were increasing too fast.

Economics