Wealthy countries increasingly feel that trade:
A. can sometimes be a more powerful lever than aid to help poorer countries develop.
B. is sometimes acting as a barrier to poorer countries' development.
C. is an effective political tool to use against poorer countries.
D. can help poorer countries development, but hurt their overall growth.
Answer: A
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A system of managed floating exchange rates is
A) a system in which governments may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed. B) a system in which governments use flexible exchange rates. C) a system in which governments are forbidden from attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed. D) a system in which governments need to reach a prior agreement among them before they may attempt to moderate exchange rate movements without keeping exchange rates rigidly fixed. E) a system in which governments use extensive fiscal policy to discourage exchange rate movements.
How do regulators help to ensure the soundness of financial intermediaries?
What will be an ideal response?
The significance level of a test is:
A. the probability of rejecting the null hypothesis when it is false. B. one minus the probability of rejecting the null hypothesis when it is false. C. the probability of rejecting the null hypothesis when it is true. D. one minus the probability of rejecting the null hypothesis when it is true.
The demand for money refers to the desire to
A. a high income. B. hold money because money is used in all non-barter transactions. C. spend money because money is used in all transactions. D. hold a good that yields utility when it is consumed.