Which of the following statements regarding contemporary development theories is true? a. None of the statements are true b. The O-Ring theory does not recognize coordination as a problem, but rather the way quality is matched c. The HRV Diagnostic Framework suggests countries pursue economic development by choosing the path of least resistance d. The theory of Self-Discovery argues that a country should replicate foreign technology to develop e. Hausmann and Rodrik argue that the theory of comparative advantage is not valid

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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Which of the following statements
regarding contemporary development
theories is true?
a. None of the statements are true
b. The O-Ring theory does not
recognize coordination as a problem,
but rather the way quality is matched
c. The HRV Diagnostic Framework
suggests countries pursue economic
development by choosing the path of
least resistance
d. The theory of Self-Discovery argues
that a country should replicate foreign
technology to develop
e. Hausmann and Rodrik argue that the
theory of comparative advantage is not
valid
Transcribed Image Text:Which of the following statements regarding contemporary development theories is true? a. None of the statements are true b. The O-Ring theory does not recognize coordination as a problem, but rather the way quality is matched c. The HRV Diagnostic Framework suggests countries pursue economic development by choosing the path of least resistance d. The theory of Self-Discovery argues that a country should replicate foreign technology to develop e. Hausmann and Rodrik argue that the theory of comparative advantage is not valid
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