U.S total official development assistance to develog countries is ? A. lowest among the OECD countries B. higher currently than it was in the 1960s and 1970s C. is equivalent to Holland’s aidD. None of the above statements is true
For Harvard’s Dani Rodrik Globalization involves ? A. decreasing autonomy of the nation-state involvesB. the increasing international integration of markets for goods services and capital C. changes of a traditional culture of a country to a western culture D. giving…
The U.S real food aid, as well as food reserves dropped from the 1960s to the 1980s partly because ? A. the transportation and storage cost increased tremendously B. proponents of basic-needs attainment opposed food-aidC. U.S farm interests wanted to…
Carmen Reinhart and Kenneth Rogoff explain the paradox of capital flows from poor to rich countries by ? A. the brain drains from LDCs to DCsB. the price role of political and credit-market risk in many LDCs C. the law…
Some economists and third-world policy makers criticize MNCs arguing that they have a negative effect on the develog country because they ? I- increasing the LDC’s technological dependence on foreign sources resulting in less technological innovation by local workers II-…
MNCs can help the develog country to ? I- Finance a savings gap or balance of payments deficit II- Obtain foreign technology by adapting existing processes III- Generate appropriate technology by adapting existing processes IV- Employ domestic labor, especially in…
Bilateral aid ? A. is technical aid given by IMFB. is given directly by one country to another C. is aid with repayment in inconvertible currency D. is a loan at bankers’ standards
The balance on current account ? I- equals the absolute value of the balance on capital account II- is financed by savings III- is net grants minus remittances IV- includes goods services and unilateral transfers A. I and II only…
Columbia’s Jagdish Bhagwati criticizes United States administrations inability to distinguish between benefits of free trade ? A. and the dangers of free capital movements for LDCs with poorly developed financial institutions B. and the dangers of a trade deficit C.…
In a portfolio investment ? A. investors are directly involved in managing the operations B. as in direct investment investors export goods and services abroad C. investors transfer the technology to local investorsD. investors have no control over operations