___ 8. ___What is hard currency ?

___ 8.    ___What is hard currency?

A.  currency that is used locally but not internationally. 

B.    B. currency used on the black market .

C .  currency made of metals, not paper

 D. currency acceptable in private channels of international economics

___ 9. ___Environmental CARRYING CAPACITY means the amount of goods that can be transported and using fuel in a country's economy. T/F

___ 10.__Of the following, probably the Least important factor in a nations international trading and wealth building is it's:

A. Religious similarities to regional trading partners,

B. merchandise exports and imports,

C. services exports and imports,

D. foreign direct investment (FDI).

___ 11. ___ Which of the three is NOT An important Source of international law:

A) Treaties made between nations

B) Constitutions of countries of the world

C) International Custom (diplomatic immunity, treatment of war prisoners, etc.)

D) Judicial decisions of international courts (like World Court/ICJ, International Criminal Court, etc.)

___ 12. ____Advocates of economic nationalism believe that:

a) international economic relations should and can be conducted cooperatively above all else

b) the state should use its economic strength to further national interest

c) their state should freely assist in the development of poorer or dependent countries

_ 13.__All but ___ are "LEAST Developed Countries":

a.Argentina

b.Haiti

c. Somalia

d. Mali