PFM - Revision

It involves one creditor country intentionally extending excessive credit to another debtor country.

It is a country or independent area where taxes are levied at a low rate.

Known today as the ‘father of modern economics’.

An unpredictable or unforeseen event.

There are ..... global structures in international political economy.

An attempt to create or maintain peace.

Is a tax whose amount is based on the value of a transaction.

Was a gathering of delegates from 44 nations that met on 1st July, 1944.

In a Marxist economy it is known as the means of production.

Economic theory that claimed the amount of money in the world was static.

Is the method of turning raw materials or inputs into finished goods

A situation where individuals do not have access to the basic requirements of life.

Policy refers to the tax and spending policies of the federal government.

 It is the study of production and trade and their relations with law, custom and government.

It is a significant financial asset for countries used as an indicator of economic health.

Was a working-class movement.

Allows freedom of belief, speech and assembly.

Facts, information, and skills acquired through experience or education.

Does not advocate the overthrow of basic institutions but a change.

Goods and services produced for their own use.

Parts of society such as culture, the state, education (according to Karl Marx theory)

Middle-class professionals or businessmen.

Also known as a planned economy.

Attempts taken by the government in achieving entirely to be a self-sufficient country.

Was never ever achieved as it was impossible to allow things to be shared and not owned.