Exam 19: Economic Development.

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Foreign aid that goes through international bodies such as the World Bank is known as _____

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B

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

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C

Over time, more and more foreign aid has begun to flow through _____

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A

When a developing country relies on export promotion, _____

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Which countries have successfully pursued export promotion?

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Privatization is the government takeover of private companies.

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The World Bank estimates GNI per capita and then adjusts figures across countries based on _____

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

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If developed economies want to grow faster, they can do so with their existing technologies.

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Which of the following is a reason for the very slow growth in per capita income of the poorest economies?

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Countries that are technologically backward can grow faster by _____

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Which of the following is a reason for many developing countries to open their economies to free trade?

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The practice of financing a large fraction of public outlay by printing money leads to deflation.

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The average value added per U.S. farm worker is about _____ times that of farm workers in low- and middle-income countries.

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One goal of foreign aid seems to be to _____

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Which of the following creates an obstacle to pursuing freer international trade?

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Developing countries consist of _____

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Which of the following groups of countries is most likely to have a high number of telephone lines per 1,000 people?

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Country-to-country aid is called _____

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Lack of education is a reason why farmers are unable to use advanced farming techniques.

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