As a Hegemon Declines in Power

question 37

Multiple Choice

As a hegemon declines in power,

• A) it becomes more willing to bear the cost of maintaining trade rules and world trade becomes more open.
• B) it becomes more willing to bear the cost of maintaining trade rules and world trade becomes less open.
• C) it becomes less willing to bear the cost of maintaining trade rules and world trade becomes less open.
• D) it becomes less willing to bear the cost of maintaining trade rules and world trade becomes more open.
• E) it becomes less willing to bear the cost of maintaining trade rules so that more free riders will be able to profit.

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Definitions:

Productivity Growth

An increase in the efficiency of production, measured as the amount of output per unit of input over time.

U.S. Productivity

The measurement of how efficiently goods and services are produced in the United States, often measured as output per hour of labor.

GDP

Gross Domestic Product, a measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.

Transportation

The movement of people, animals, goods, and materials from one location to another through various means, such as vehicles, trains, ships, and airplanes.