Question

1. After the end of World War II, nations met at the to create a new worldwide economic
system
2. Taxes on imports that make goods from foreign nations more expensive are called
3. When a country's currency loses value, prices increase and happens
4. The IMF helps countries by providing that need to be paid back at some point in the
future.
5. The program initiated by Mao to solidify his power and crush his opponents was called the
6. In the
massacre, the Chinese government killed hundreds of students for protesting
and calling for democracy
7.
is the use of economic, political, and cultural pressures to control or influence other
countries.
Respond to the following based on your reading.
8. Why did world leaders and economic advisors want to create a more global, interconnected
economy?
9. Do you agree or disagree that the new global economic order, facilitated by institutions like the
IMF and the WTO, promoted neocolonialism? Provide evidence from the readings.

Answer 1

Answer:

A higher-valued currency makes a country's imports less expensive and its exports more expensive in foreign markets. A lower-valued currency makes a country's imports more expensive and its exports less expensive in foreign markets. A higher exchange rate can be expected to worsen a country's balance of trade, while a lower exchange rate can be expected to improve it.

Explanation:

Answer 2

America's response to World War II was the most extraordinary mobilization of an idle economy in the history of the world. During the war 17 million new civilian jobs were created, industrial productivity increased by 96 per cent, and corporate profits after taxes doubled.

Why did the global economy develop after WWII?

Economically, the period after the end of World War II was a time for moving from the industry of creation for the purpose of destruction and into the industry of creation for creation's sake, resulting in an attitude of exploring new technologies and business models previously unheard of.

What happens to the economy in a world war?

When the war began, the U.S. economy was in recession. But a 44-month economic boom ensued from 1914 to 1918, first as Europeans began purchasing U.S. goods for the war and later as the United States itself joined the battle.

Learn more about the global economy after WWII here:  https://brainly.com/question/1307729

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