Multiple Choice
Which of these cases is an example of worsening terms of trade for a less developed country?
A) El Salvador signs a free-trade agreement with the United States that allows the United States to keep some tariffs on Salvadoran goods.
B) The International Monetary Fund (IMF) forces Indonesia to reduce its tariffs.
C) A group of foreign investors removes its money from Kenya,because the government does not grant the group special concessions.
D) The price of Chilean copper decreases while the price of Japanese cars increases.
E) The amount of oil Nigeria can export decreases while the number of imported cars increases.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following is NOT a
Q3: How did government policies benefit the urban
Q4: Why would some domestic interests oppose policies
Q5: Which countries are members of the Group
Q7: Which of the following is NOT a
Q8: How does democracy affect the likelihood that
Q9: What might have helped economic development in
Q10: What is the relationship between democracy and
Q11: What explains the different patterns of economic
Q64: How and why have the economic effects