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While many developing countries have reformed their economies in order to imitate the success of the

Chako

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8 years ago

While many developing countries have reformed their economies in order to imitate the success of the

While many developing countries have reformed their economies in order to imitate the success of the successful industrial economies, the process remains incomplete and most developing countries tend to be characterized by all of the following EXCEPT
A) a worse job of directing savings toward their most efficient investment uses.
B) reduced corruption and poverty due to limited underground markets.
C) control of capital movements by limiting foreign exchange transactions connected with trade in assets.
D) seigniorage.
E) use of natural resources or agricultural commodities as an important share of exports.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 162 times

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Chako Author

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8 years ago

Correct!

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machukian

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8 years ago

Thanks for the feedback, I'm sure others will appreciate it too

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