Extractive institutions control political power to: A) enforce ...

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Extractive institutions control political power to:
 
  A) enforce property rights and an equitable legal system.
  B) allow new businesses to enter and compete in a market.
  C) transfer resources from the ruling party to society.
  D) transfer resources from society to the ruling party.

Question 2

Rebecca, a citizen of U.S., imported a watch from Switzerland. This transaction leads to a(n) ________.
 
  A) increase in the GNP of U.S. B) increase in the GDP of Switzerland
  C) decrease in the GDP of Switzerland D) increase in the GDP of U.S.

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Answer to Question 1

D

Answer to Question 2

B