What Are Strategies Such as Debt Cancellation,tariff Reduction,and Foreign Aid

question 37

Multiple Choice

What are strategies such as debt cancellation,tariff reduction,and foreign aid aimed at infrastructural support intended to do?

• A) increase foreign aid to the poorest nations
• B) foster better international relations between all nations
• C) intervene in the most harmful aspects of neoliberalism
• D) develop a global, one-world economy

---

Definitions:

Variable Cost

Expenses that change directly in relation to fluctuations in production levels or the volume of sales.

Fixed Cost

Expenses that do not change with the level of goods or services produced by the business over a given period.

High-Low Method

A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Variable Cost

Outlays that move in tandem with the level of production or the scale of sales.