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Match terms to the correct definitions (5 terms; 6 possible definitions). Neoliberal economic policies A. Taxes placed on imported goods in order to increase the
Match terms to the correct definitions (5 terms; 6 possible definitions). Neoliberal economic policies A. Taxes placed on imported goods in order to increase the Loan conditionality competitiveness of domestically-produced goods. LVA goods B. Manufactured products that require high levels of skill and Comparative advantage advanced technology to make, . Tariffs C. A set of economic policies that favor low barriers to free trade, and reductions in taxation and government spending. D. The concept that explains why free trade can be beneficial for richer and poorer countries, and why it's not rational for states to make everything themselves. Instead, they should buy certain goods from less developed countries in order to have lower opportunity costs. E. The type of products produced by lower-skilled workers that a country like the United States should not be making, according to the logic of comparative advantage. F. The process by which developing countries are forced to adopt specific neo-liberal economic policies and to quickly reduce trade barriers in order to get financial help from the IMF and other development banks
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