NO PLAGIARISM!!1
1. What is mercantilism?
2. What is a…
a. trade deficit?
b. trade surplus?
3. What is the impact of protectionism and domestic-industry subsidies?
4a. What trade theory was introduced by Adam Smith?
4b. What should countries specialize in?
5a. What trade theory was introduced by David Ricardo?
5b. What should countries specialize in?
6. Can a country benefit from trade if it can produce products more efficiently then another country?
7. What is the product life cycle theory?
8. Which trade theory is dominant today?
9. What is anarchism?
10. What is pluralism?
11. What is authoritarianism?
12. What is totalitarianism?
13. Which countries have authoritarian governments?
14. What is democracy?
15. What is capitalism?
16. What are examples of capitalist economies?
17. What is a planned economy?
18. What is Sharia law?
19. Why do governments intervene in trade?
20. How do governments intervene in trade?
21. What is foreign direct investment?
22. What is a greenfield foreign direct investment?
23. What is a brownfield foreign direct investment?
24. How do governments..
a. discourage foreign direct investment?
b. encourage foreign investment?