Exam 19: Economic Development.

Inequality across households can be measured by looking at the share of national income _____

Which of the following is not an example of foreign aid?

A primary requirement for development is _____

According to _____, developing countries can grow faster than developed countries and should be able to eventually close the gap between them.

Remittances can account for as much as _____ of all income in poor countries.

Wages are high in poor countries because businesses are run efficiently.

If the country of Zorg has a birth rate of greater than 2.2 births per woman, it is likely that Zorg is an industrial market country.

The bulk of exports from developing countries are _____

Poor economies tend to have high education levels and high literacy rates.

Most developing countries rely on foreign financing because _____

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

Labor productivity depends on _____

In some developing countries, different exchange rates apply to different categories of transaction, and therefore _____

For the newly industrialized countries of East Asia, export promotion has been more successful than import substitution.

Which of the following is true about export promotion?

The newly industrialized Asian economies have developed by investing in _____

Countries with a high level of human capital can make up for other shortcomings, such as destruction caused by war.

In 2016, low- and middle-income economies, or developing countries, made up _____ of the world's population but produced only _____ of the output.

Sub-Saharan African countries fall under the category of industrial market economies.

The _____ argument was put forward as a rationale for protecting emerging domestic industries from foreign competition.