Which policy is most effective for controlling or protecting public or common resources?
Which of the following terms do economists define as the range of commodities services and systems that help us satisfy our wants or needs?
Economists use the term goods to describe the range of commodities, services, and systems that help us satisfy our wants or needs.
Is the establishment and maintenance of a formal relationship between countries that governs their interactions on various matters?
Diplomacy is the establishment and maintenance of a formal relationship between countries that governs their interactions on matters as diverse as tourism, the taxation of goods they trade, and the landing of planes on each other’s runways. Diplomatic relations are formalized through the sharing of ambassadors.
Are people who believe that government almost always operates less efficiently than the private sector and that its actions should be kept to a minimum?
Known as libertarians, these individuals believe government almost always operates less efficiently than the private sector (the segment of the economy run for profit and not under government control), and that government actions should therefore be kept to a minimum.
What is diplomatic relations between countries?
Diplomatic relations begin with diplomatic recognition. 366. The competence of a State to engage in relations with the other States includes the competence of granting diplomatic recognition. There are two kinds of diplomatic recognition in international relations: recognition of a State and recognition of a government …
How do countries establish diplomatic relations?
The establishment of diplomatic relations between States, and of permanent diplomatic missions, takes place by mutual consent. Nothing in the present Convention shall be construed as preventing the performance of consular functions by a diplomatic mission.
What is the most important commodity in a postindustrial society?
What is one reason unemployment statistics are unreliable?
What is one reason unemployment statistics are unreliable? Those surveyed frequently lie about their employment status. The statistics include only those who are currently looking for work. The government only surveys those who have been out of work for a year or more.