The U.S real food aid, as well as food reserves dropped from the 1960s to the 1980s partly because ?

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-aid
C. U.S farm interests wanted to reduce surplus grain stocks
D. agricultural production suffered excessively due to weather changes

Carmen Reinhart and Kenneth Rogoff explain the paradox of capital flows from poor to rich countries by ?

Carmen Reinhart and Kenneth Rogoff explain the paradox of capital flows from poor to rich countries by ?

A. the brain drains from LDCs to DCs
B. the price role of political and credit-market risk in many LDCs
C. the law of increasing returns that implies that the marginal productivity of capital is higher in LDCs
D. the fat that the DC capital market is perfectly competitive

Some economists and third-world policy makers criticize MNCs arguing that they have a negative effect on the developing country because they ?

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- Hamper local entrepreneurship and investment in infant industries
III- increase unemployment rates from unsuitable technology
IV- Restrict subsidiary exports when they undercut the market of the parent company
A. I and II only
B. III and IV only
C. I, II and III only
D. I, II, III and IV

Columbia’s Jagdish Bhagwati criticizes United States administrations inability to distinguish between benefits of free trade ?

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. and the external openness of income growth among the poorest 40 percent of LDCs
D. and MNC domination and its effects on income distribution

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