Which of the following statements about sending foreign aid to low-income countries is TRUE? Question 4 options: It is most often used to meet basic human needs It is an effective tool for stimulating exponential economic growth Policymakers are not aware of the limitations of foreign aid Foreign aid constitutes more than 20% of low-income countries' GDP

Which of the following statements about sending foreign aid to low-income countries is TRUE? Question 4 options: It is most often used to meet basic human needs It is an effective tool for stimulating exponential economic growth Policymakers are not aware of the limitations of foreign aid Foreign aid constitutes more than 20% of low-income countries' GDP

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter17: Growth And Less Developed Countries

Section: Chapter Questions

Problem 18SQ

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Which of the following statements about sending foreign aid to low-income countries is TRUE? Group of answer choices It is an effective tool for stimulating exponential economic growth Policymakers are not aware of the limitations of foreign aid It is most often used to meet basic human needs Foreign aid constitutes more than 20% of low-income countries' GDP
If a country is expected to achieve its goal of becoming a high-income country, but there are various domestic and global challenges that they currently face, what economic policies/strategies should be used to achieve its goal?
Prof. Stiglitz argued that developing countries should be given some favor (leeway) to pursue their pro-development policies as one of reforms aiming at addressing unfair trade agreements (arrangements) between the advanced industrial countries and the poorest developing countries. Why is this idea acceptable? Which of the following is LEAST appropriate for an answer? A. Because developing countries do not necessarily need to keep the principle of the most-favored-nation principle (i.e., non-discrimination principle) as member countries of the WTO considering their inferior and poor economic circumstances. B. Because developing countries can use pro-development strategies such as temporary industrial policies under which they can facilitate rapid development of their favored industries with subsidies. C. Because allowing the developing countries to pursue their pro-development policies is one of effective way of their catching up rapidly with the advanced…
Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Providing tax breaks and patents for firms that pursue research and development in health and sciences Imposing restrictions on foreign ownership of domestic capital Protecting property rights and enforcing contracts Increasing taxes on income from savings
Prof. Stiglitz argued that developing countries should be given some favor (leeway) to pursue their pro-development policies as one of reforms aiming at addressing unfair trade agreements (arrangements) between the advanced industrial countries and the poorest developing countries. Why is this idea acceptable? Which of the following is MOST appropriate for an answer? A. Because developing countries do not necessarily need to keep the principle of the most-favored-nation principle (i.e., non-discrimination principle) as member countries of the WTO considering their inferior and poor economic circumstances. B. Because developing countries can use pro-development strategies such as temporary industrial policies under which they can facilitate rapid development of their favored industries with subsidies. C. Because allowing the developing countries to pursue their pro-development policies is one of effective way of their catching up rapidly with the advanced…
What are the differences between official development assistance (public foreign aid) and private development assistance from nongovernmental organizations (NGOs)? Which type of aid is more desirable from the perspective of recipient countries? Explain your answer.
In many developing nations, young women have lower enrollment rates in secondary school than do young men. Which of the following observations are consistent with greater educational opportunities for young women leading to faster economic growth in these countries? Check all that apply. Increased human capital reduces productivity. There are external benefits associated with greater knowledge in a country. The opportunity cost of having a child is lower.
Agriculture Group of answer choices wasn't important for the advancement of society developed by controling natural resources and having a surplus of food didn't impact population growth none of the above
In 2011, Cambodia had a GDP of $33.8 billion and a per capita GDP of $2,200. Nearly a third of its people lived below the poverty level, and average life expectancy was 62.5 years. Which of these additional factors would most support the conclusion that Cambodia is a developing economy rather than an emerging economy? A rapidly increasing GDP Decreasing illiteracy rates Increased foreign investment Lack of basic infrastructure
If one wants to know how the material well-being of the average person has changed over time in a given country, one should look at the
Discuss the social and economic development responsibilities of the South African government. Support your discussion by providing examples
Which among the sentences stated below can be said to be most true O Analyzing the literacy rate, life expectancy, mortality rate is a consideration that is not given credence in looking at a country's economic efficiency O Analyzing the government administrative performance is a consideration that is not given credence in looking at a country's economic efficiency O Analyzing the environmental condition is a consideration that is not given credence in looking at a country's economic efficiency O Analyzing the institutional policies is a consideration that is not given credence in looking at a country's economic efficiency

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	It is most often used to meet basic human needs
	It is an effective tool for stimulating exponential economic growth
	Policymakers are not aware of the limitations of foreign aid
	Foreign aid constitutes more than 20% of low-income countries' GDP