Which of the following organizations was NOT the result of the Bretton Woods Conference in 1944?
A) the League of Nations
B) the General Agreement on Tariffs and Trade
C) the International Monetary Fund
D) the International Bank for Reconstruction and Development
Question 2 - Why do you think Uganda has been so successful at decreasing the prevalence of HIV/AIDS?
What will be an ideal response?
Question 3 - The underlying assumption of the Harrod-Domar growth model is that
a. the incremental capital-output ratio is given by k Y/K.
b. growth is mainly determined by capital accumulation.
c. growth can be sustained only if agricultural productivity rises.
d. developing countries save too much and invest too little.
Question 4 - Raul Prebisch's objection to having developing countries treat trade as the engine of growth was that.
a. agricultural goods were becoming cheaper while industrial products were becoming more expensive
b. industrial products were being substituted for primary products
c. workers in poor countries had little bargaining power, while unions in rich countries pushed wages up
d. agricultural products were becoming a smaller portion of peoples' budgets as income rose
e. all of the above
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