Which statements are TRUE? A. Technological externalities from advanced countries help in increasing the productivity of firms in developing countries. B. Improving hard and soft infrastructure increase investments and trade of a nation. C. The development of a nation is necessarily the function of governments but not necessarily of the individuals or the private sector. D. O- Ring Model posits that there are no small tasks in the development process of nations.
Which statements are TRUE? A. Technological externalities from advanced countries help in increasing the productivity of firms in developing countries. B. Improving hard and soft infrastructure increase investments and trade of a nation. C. The development of a nation is necessarily the function of governments but not necessarily of the individuals or the private sector. D. O- Ring Model posits that there are no small tasks in the development process of nations.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which statements are TRUE?
A. Technological externalities from advanced countries help in increasing the productivity of firms in developing countries.
B. Improving hard and soft infrastructure increase investments and trade of a nation.
C. The development of a nation is necessarily the function of governments but not necessarily of the individuals or the private sector.
D. O- Ring Model posits that there are no small tasks in the development process of nations.
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