Multiple Choice
The resource curse is:
A) the curse that countries that have an abundance of resources tend to have lower economic growth compared to countries with fewer natural resources.
B) the curse that countries that have fewer resources tend to have lower economic growth compared to countries with abundant natural resources.
C) the curse of many developing countries-they have few natural resources and their economies cannot grow.
D) an economic theory that has yet to be developed because there are no examples in the real world.
Correct Answer:
Verified
Correct Answer:
Verified
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