Which of the following statements is false?
A) Removal of trade barriers in rich countries will increase exports of the LDCs.
B) Trade, rather than foreign aid, will help LDCs in a lasting manner.
C) The LDCs are forced to dismantle their own tariffs and allow foreign investors.
D) The LDCs have strong voices in the WTO.
Correct Answer:
Verified
Q9: For many years, the price of agricultural
Q10: Prices for primary products tend to be
Q11: It is difficult for LDCs to pursue
Q12: Lower transport costs, improved information technology and
Q13: The NAFTA was intended to:
A) protect Canada
Q15: The law of comparative advantage shows that
Q16: When it is said that country A
Q17: Suppose that the opportunity costs of production
Q18: Suppose that no comparative advantage exists between
Q19: If the country of Zebland has a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents