Which of the following is true about BRIC countries: a. There is low prospects of growth b. There is low investment c. To attain raw materials you will outsource to Bangladesh  d. There are high growth rates which may not be seen in North America

When a country moves from reliance on a single commodity (like oil) for export to a larger variety of export commodities, this represents what development strategy?     Globalization     Diversification     Protectionism     Capacity-building

One of the major objections to the WTO is human rights and student groups say the IMF and the World Bank prop up regimes that condone sweatshops and pursue policies that bail out foreign lenders at the expense of local economies.    True  False

1. Calculate the trade-to-GDP ratios for the two countries and answer the following questions. a. Put the ratios in the table. Estimates Import Export GDP Trade-to-GDP ratio Canada Q2 2023 704,535.0 682,469.0 2,198,984.0 USA Q2 2023 3,739.3 2,934.6 26,798.6 b. If your calculations are correct, the ratios are very different. How would you explain why the US ratio is so much lower than the Canada ratio?