Senator Noitall says that in order to help poor countries develop, the United States should: 1 . Encourage poor countries to allow U.S. and other foreign firms to build and operate businesses in their country; 2 . Reduce or eliminate subsidies to U.S. producers when poor countries have a comparative advantage producing goods the U.S. subsidizes; 3 . Work to promote political stability in poor
countries; and 4 . Reduce poor countries reliance on market forces in their economies. How many of these ideas are likely to help poor countries grow?
a. 1
b. 2
c. 3
d. 4
c
Economics
You might also like to view...
Movement of the fast-growing Asian nations through the demographic transition may have had an impact on growth rates because it
A) reduced expenditures on health care. B) reduced expenditures on pensions. C) increased savings. D) increased consumption relative to GDP. E) increased the number of retired people.
Economics
In general, large current account deficits have to be financed by:
A) capital outflows abroad. B) capital inflows from abroad. C) trade barriers. D) none of the above.
Economics