Exam 10: Development: Causes of the Wealth and Poverty of Nations

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For any given person in the world,which of the following regions are they least likely to live in?

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Which of the following best describes an environment where the government has an interest in pursuing policies that impede economic growth?

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According to Argentine economist Raúl Prebisch,________ countries are likely to benefit from the long-term trajectory of the terms of trade in the international economy.

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How and why have the economic effects of colonization differed between North America and Latin America?

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In what ways are international institutions biased against LDCs?

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Why are lower settler mortality rates in former colonies associated with higher levels of economic development today?

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Why were Organization of the Petroleum Exporting Countries (OPEC)members more successful at creating international change than the wider group of less developed countries?

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Why is Zambia an example of failed potential for economic development?

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What powerful interests supported ISI in developing countries?

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How do developed country policies harm developing countries?

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Which of the following policies is consistent with export-oriented industrialization?

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Why did less developed countries adopt import-substituting industrialization (ISI)? What problems developed because of ISI policies?

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Which of the following is NOT a reason that the Organization of the Petroleum Exporting Countries was more successful at affecting the price of oil than other commodity cartels?

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How does democracy affect the likelihood that necessary public goods will be provided?

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Which of the following is not a way that international economic institutions are biased against poor countries?

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