Why do many developing countries refuse to engage in international trade agreements with the United States as long as America provides subsidies to its farmers?
a. The European Union refuses to provide subsidies to farmers, so the U.S. subsidies upset the balance of trade.
b. They believe their farmers should get the subsidies, because those farmers need more help than U.S. farmers do.
c. The subsidies go to small family farms that do not deal internationally, rather than the agribusinesses that trade with developing countries.
d. They believe the subsidies give U.S. farmers unfair advantages in international markets.
Question 2
Which of the following is true of lobbyists from foreign firms that operate in the United States?
a. They are concerned only about laws that affect international activity.
b. Their concern lies with laws that affect national and international business, but not state or local business.
c. They are concerned about laws both at the national and at the state and local levels.
d. They are concerned about laws at both national and state levels, but not local levels.
Atlantic Slave Trade, 1451–1870
The developing and emerging nations have high rates of population growth
GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009
International Management: Managing Across Borders and Cultures
International Economics: Theory and Policy (10th Edition)