Last seen: Oct 19, 2020
(a) - (v) (b) - (iv) (c) - (i) (d) - (iii) (e) - (ii)
True, The IMF and the World Bank were designed to meet the financial needs of the industrial countries.
True, Britain was the world’s leading economy during the pre-First World War period.
False, Second World War did not result in economic devastation and social disruption.
True, The silk route helped in cultural and commercial exchange.
False, Peru was called the city of gold.
Tax imposed on a country’s imports from the rest of the world is called tariff.
eastern Europe
Trinidad and Guyana
(a) higher income.
(c) Because wages were low in China.
(b) International Monetary Fund
(d) Bretton Woods in New Hampshire, USA, 1944
(d) To preserve economic stability and full employment in the industrial world.