Multiple Choice
Which of the following would be most likely to improve the standard of living of a less-developed country?
A) development of strong labor unions.
B) more foreign investment, attracted by the expectation of economic and political stability.
C) adoption of trade barriers (higher tariffs and quotas) .
D) widespread use of price controls to allocate goods and resources.
Correct Answer:
Verified
Correct Answer:
Verified
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