During much of the twentieth century, an economic ideological confrontation raged between
A) capitalism and communism.
B) capitalism and mercantilism.
C) communism and mercantilism.
D) export-led growth and communism.
E) export-led growth and mercantilism.
Question 2
In response to a perceived threat from a rival nation, Country X increases its own military spending. This is an example of
A) direct balancing.
B) equilibrium balancing.
C) external balancing.
D) general balancing.
E) internal balancing.