In reviewing discussions of life in developing countries, what is it about lifestyles in the low-income countries compared with lifestyles in the high-income countries that most strikes you? Why?

Countries that use the euro as their currency face similar concerns as countries did during the years of the gold standard in that each are (were)

A) using a floating currency. B) unable to conduct fiscal policy. C) unable to conduct monetary policy. D) using currency which is backed by gold.

Some nations avoid the effects of trade deflection in a trade bloc by enforcing

A) trade deflection. B) trade diversion. C) quotas. D) rules of origin.