Answer the following statement(s) true (T) or false (F)
1. Import-substitution industrialization is based on neo-liberal principles of reduced government protection of industries, fiscal austerity, and privatization.
2. Problems with ISI were emerging at the same times that economists and policy makers in the West were shifting from neoliberal to Keynesian ideas and becoming increasing supportive of the ability of governments to manage the market.
3. Developmental states usually follow neoliberal fiscal and monetary policy, keeping inflation low and their currencies stable and realistically valued vis-à-vis others.
4. According to Kaplan (2013), Latin American countries that relied more heavily on bonds to finance development maintained strong fiscal austerity than countries that relied more heavily on loans.
5. In countries with weak democracies and weak political parties, demands are based on patronage, which is likely to harm the business climate and discourages investment.
1. False
2. False
3. True
4. True
5. True
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Gregory was a moderate Republican in Texas at the 1868 Constitutional Convention. Which of the following was he likely to support?
a. the constitutional amendment to give voting rights to African Americans b. the idea of retaining Texas as a single state rather than forming West Texas c. the motion to null and void all state government actions during the rebellion d. the addition of a section to bar African Americans from testifying in cases
__________ refers to any channel of communication reaching a vast audience
a. Broadcast media b. Network media c. Popular media d. Mass media