Exam 19: Economic Development

Which of the following is likely to facilitate the adoption of new technology across nations?

A few diseases that can become epidemics in poor countries are well controlled in industrial countries.

Convergence may be a long process because the roots of development go back centuries.

A trend in developing countries is that:

Which of the following is not true of the World Bank?

Which of the following is likely to be a characteristic of a developing economy?

Which of the following is a consequence of low income?

_____ was one of the first countries to experience long-term economic growth during the 19^th century.

The World Bank classifies countries into the three following major groups:

The bulk of exports from developing countries is:

Which of the following is true about the GNI of the United States?

Economists favor export promotion over import substitution as a policy for economic growth because:

Consumers easily organize themselves to support government policies on free trade as soon as they become aware of the gains from free trade.

​Industrial market countries are also referred to as:

Any international transfer made on concessional terms for the purposes of promoting economic development is called:

The primary factor that contributes to more than half of the deaths of children under the age of 5 in low-income countries is _____.

Child labor limits educational opportunities in developing countries and slows the rate of growth of technological change.

It is clear that foreign aid is a source of discretionary funds that _____.

A problem for developing countries is that the prices of primary products fluctuate more widely than the prices of finished goods because:

Migration has no advantage for poor countries.