The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?

Related Mcqs:

Among the institutions and policies that have been created to support developing countries are?

A. the world Bank B. the international Monetary Fund C. The Generalized System of Preferences D. All of the above...

Concerning tariff policy, the United States does not charge?

A. lower tariff rates on goods from nations with normal trade relation status B. lower tariff rates on goods from nations with most favored nation status C. low or zero tariffs on goods from certain developing countries D. identical tariff rates in products from all countries of the world...

For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?

A. balance of trade deficits B. price inflation C. constrained economic growth D. improving terms of trade...

All of the following are trade problems of developing countries except?

A. unstable export markets B. improving terms of trade C. limited access to the markets of industrial countries D. highly elastic demand curves for their products...

Which of the following strategies have developing countries not used to deal with the problem of unstable export markets ?

A. multilateral contracts B. production and export controls C. buffer stock arrangements D. tariff-rates quotas...