Essay
Which of the following increases the likelihood of poor countries catching up to rich countries,and which decreases the likelihood? Explain.
(A)Developing countries have better access to the technology of developed countries.
(B)Industrialized countries run larger government budget surpluses.
(C)The level of corruption in developing countries increases.
(D)Developing countries become more reluctant to provide schooling for all their citizens.
(E)Developing countries begin to emphasize export-led strategies.
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(A) The likelihood of catch-up would inc...View Answer
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