Solved

Direct Foreign Investment in the LDCs

Question 67

Multiple Choice

Direct foreign investment in the LDCs


A) explains whatever economic growth the LDCs had in the last quarter of the 20th century
B) pushes the production possibilities curve inward toward the origin because resources are being diverted from the LDCs' own production activities
C) leads to substantial LDC debt to rich nations
D) cannot help the LDCs and can actually hinder their development because LDCs become reliant on it
E) can help the LDCs but cannot be a substitute for their own development efforts

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions