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ECO 336 USM Midterm Exam 2025 Questions and Answers An important factor that increased international capital flows in the second half of the nineteenth century was - ....ANSWER ...-technological innovations The four criteria for economic integration include trade flows, capital flows, people flows, and the similarity of prices in separate markets. - ....ANSWER Since the end of World War II - ....ANSWER ...-True ...-world trade has grown more rapidly than world output Deep integration - ....ANSWER ...-requires cooperation with other national governments or international bodies One important difference between the international economy of today and the economy of 100 years ago is - ....ANSWER ...-presence of international bodies such as the IMF and World Bank While the world was fairly integrated at the turn of the last century, most trade was in agricultural and raw materials, whereas today manufactured consumer and producer goods play a much greater role in determining exports and imports. ....ANSWER ...-True Labor mobility was - ....ANSWER ...-greater in 1900 than in 2010 …FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 1