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Chapter 13 discusses research by McDonough and Mandler, in which 9-month-olds showed that they knew that animals drink, whereas vehicles can carry people. This research suggests that babies
International Monetary Fund (IMF)
Organization established in 1947 to promote trade among member nations by eliminating trade barriers and fostering financial cooperation.
Developed Countries
Nations with advanced economic systems, higher standards of living, and well-established infrastructures, often characterized by high Gross Domestic Product (GDP) per capita.
Balance-of-Payment Deficits
A situation where the total amount of money a country spends on foreign trade is greater than the amount it earns from such trade.
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