In 2005, developed countries began to offer "aid for trade" programs that:
A. give developing nations funds in exchange for free trade agreements.
B. give developing countries funds to develop industries that create exports the developed nations want.
C. fund initiatives in developing countries that minimize trade barriers and provide infrastructure critical for trade.
D. give developing nations funds in exchange for cheaper imports.
Answer: C
You might also like to view...
The Laffer curve represents the relationship between real GDP and various possible tax rates
a. True b. False Indicate whether the statement is true or false
Explain why perfectly competitive firms make zero economic profit in the long run.
What will be an ideal response?
If the number of unemployed workers is 200 million, the number of employed workers is 300 million, and the working-age population is 800 million, what is the labor force participation rate?
A) 12.5% B) 37.5% C) 40% D) 62.5%
The more bidders there are at a second-price auction,
a. the higher the expected selling price b. the higher each bidder bids c. the more each bidder will shade his bid d. the less each bidder will shade his bid