A policy of developing local industries that can compete with imports is referred to as ?
A. export promotion
B. industrial promotion
C. import substitution
D. unbalanced growth
A. export promotion
B. industrial promotion
C. import substitution
D. unbalanced growth
A. 40%
B. 10%
C. 20%
D. 30%
A. the newly industrialized countries like Korea, Taiwan Malaysia
B. The republics of the former Soviet Union
C. Countries that still have a communist government like China and Cuba
D. countries that have fallen far behind the economic advances of the rest of the world
A. The brain drain
B. human capital deterioration
C. productivity
D. labor degradation
A. natural resources
B. body of knowledge
C. land
D. quantity of labor
A. Public expenditure per student for higher education is about ten times as high as for primary education
B. The expansion of primary education redistributes benefits from the rich to the poor
C. Economists unanimously agree that LDCs should put greater priority on primary education
D. Boys are sent to schools far more often than girls
A. About 18 percent of the world’s deaths are among children less than five years old
B. More than 98 percent of child deaths were in LDCs
C. World-wide child mortality rates increased from 1990 to 2002
D. 19 of the 20 countries with the highest child mortality were in Africa
A. 17 million, 7 million
B. 7 million, 0.7 million
C. 3 million, 1 million
D. 0.5 million, 5 million
A. due to a lack of education
B. a class system in which the elite are contemptuous of manual work
C. upper-and middle-class westerners
D. The lack of bargaining power y cheap labor
A. The amount of brain drain
B. Marginal utility
C. Marginal Product
D. The substitutability of labor to capital