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Topic: Differences in Economic Systems
137.
A scarcity of __________ can make it difficult for the subsidiary to import raw materials and
spare parts for its production equipment.
138.
A firm that produces inputs for its subsequent manufacturing processes is __________.
139.
Governments with high debt may impose __________ controls, which make it difficult for a
subsidiary to earn a profit.
140.
Governments with high debt may impose __________ controls, which limit consumer
purchasing power.
141.
The view that defines economic development as a reduction of poverty and unemployment
as well as an increase in income is known as the __________.
142.
There are two basic approaches to assessing development, each with many variations.
The first and most frequently used to date is to focus on the __________, since that shows
what a nation's people are producing, and thus what they are earning and able to
consume.
143.
The United Nations Development Program's human-needs approach includes the
reduction of __________, as that also means less illiteracy, less malnutrition, less disease
and early death, and a shift from agricultural to industrial production or service-based
economic activity.
144.
The United Nations Development Program's Human Development Index measures the
ability to acquire knowledge by using data on adult __________.
145.
The Human Development Index devised by the United Nations Development Program
advocates an investment in people—__________ in economists' terminology.
146.
__________ data provide information about the number of people, and the economic
dimensions tell us whether they have purchasing power.
147.
The most general indicator of potential market size is __________.
148.
Generally, because of their ______ birth rates, developing countries have younger
populations than do industrial countries.
149.
A measure of the number of inhabitants per area unit is __________.
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150.
A measure of how the inhabitants are distributed over a nation's area is __________.
151.
The movement of a nation's population from rural areas to cities is known as the
__________.
Essay Questions
152.
Discuss the purpose of international economic analyses and the challenges facing
managers who are attempting to conduct such analyses.
7-81
153.
Compare and contrast the characteristics of economically developing and developed
nations.
154.
Why are international managers interested in age distribution studies?
155.
What are the factors responsible for declining birth rates in many nations? What impact
will this have on international business?
