“First World” was a term coined after World War II which referred to: (Ch 4)

A country may resort to reducing the tax rates on its citizens in order to stimulate its economy. (Ch 5)

A country borrows money during a recession in order to keep its basic public services operating until the economy improves. (Ch 5)

The purpose of the International Monetary Fund is to:  (Ch 6)

The brainchild of Swiss economics professor Klaus Schwab, _____, is an annual forum that the world’s largest businesses attend with senior government officials from around the world and leaders of thought on economic, social, and political issues.  (Ch 6)

_____ refers to a kind of economic cooperation wherein member countries are free to independently determine trade policies with nonmember nations.  (Ch 5)

The human development index (HDI) also reflects political participation and gender inequalities. (Ch 4)

The central purpose of the World Bank is to: (Ch 6)

The theocratic law is based on: (Ch 2)

The US dollar, the euro, the British pound, the Swiss franc, and the Japanese yen are examples of current _____.  (Ch 6)