Exam 22: The Economics of Developing Countries

In 2010, the IACs (industrially advanced countries) had an average per capital income that was about 67 times as high as that of the low-income nations.

Industrially advanced countries can best help developing countries by:

Which of the following is considered to be one of the more ill-advised public policies that has contributed to Africa's famine?

A recommended policy for developing countries to stimulate economic growth would be:

Which of the following is considered a factor contributing to famine in Africa?

The industrially advanced nations had an average per capita income in 2010 of around:

An IAC (industrially advanced country) had a per capita income of $28,200 while a DVC (developing country) had a per capita income of $1,200. If both countries experience a per-capita-income growth of 2 percent, then their respective per-capita income levels will become:

The basic role of the International Finance Corporation is to:

Trade barriers that restrict imports from developing countries tend to be:

In recent years, many DVCs have come to realize that:

The World Bank operates primarily as a:

Most of the flow of foreign aid goes to:

What measure of economic development is used most often to classify nations as industrially advanced or as developing?

Development experts are less enthusiastic than they used to be about three decades ago about the positive role of DVC governments in promoting economic growth in their less developed nations because of the:

Infrastructure is best illustrated by: