Growth rates have been consistently lower for developing counties than for developed countries.

The capture theory of regulation predicts that regulations bring ________ to producers and impose ________ on any individual consumer

A) small benefits; small costs B) small benefits; large costs C) large benefits; small costs D) large benefits; large costs E) large benefits; no costs

Which of the following factors might make capital mobility less than perfect?

a. Risks due to exchange rate changes b. Differential risk on the assets of different countries c. Technological progress, which improves the quality of information on foreign assets d. both a and b. e. All of the above