Questions and Answers
Which factor is not indicative of higher integration, based on the text?
A rise in the number of skilled workers
According to Adam Smith, how does greater opportunities for trade promote productivity advance?
Lowering income inequality
Which was not a crucial factor in explaining migration patterns of free workers in Europe before 1914?
Wages in the receiving and sending countries
Which did the least to promote free and open immigration into the United States?
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What is an indicator that capital markets were internationally integrated between 1850 and 1913?
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What happens when nations sign a trade treaty with a Most Favored Nation clause?
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What led to hyperinflation in places like Germany between the wars?
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Why was the gold standard weak in the period between the two world wars compared to before World War I?
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What does the marginal product of capital diverging imply?
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Which factor is most likely to contribute to hyperinflation?
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What does a Most Favored Nation clause in a trade treaty require?
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