EBK ECON: MACRO4
4th Edition
ISBN: 9781305562097
Author: MCEACHERN
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Question
Chapter 19, Problem 4.5PA
To determine
The difficulties in achieving the objectives of economic development through foreign aid by rich countries to the poorer countries.
Concept Introduction:
The assistance or aid provided by a country to another is generally known as foreign aid. The assistance might be financial, military or labor-oriented with little or no benefit expected.
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Chapter 19 Solutions
EBK ECON: MACRO4
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- Discuss economic development strategies. What strategies have worked best? For which countries? Provide examples and explaining your reasoning.arrow_forwardWhy overpopulation and unemployment affect development of a country?arrow_forwardSuppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Providing tax breaks and patents for firms that pursue research envelopment in health and sciences. Protecting property rights and enforce contracts. Increasing taxes on income from savings Imposing restrictions on foreign ownership of domestic capital. What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best Known for suggesting? Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal Justice systems Improvements in technology from the incentives created by a better patent system Improvements in worker health from better nutrition Inward oriented policies that protest…arrow_forward
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