Developing countries
A)do not benefit from foreign aid
B)do not benefit from private investment
C)generate less than half of their annual flow of foreign exchange from exports
D)must acquire foreign exchange in order to pay for imports
E)need to decrease labor productivity

Question

Quizplus · Accepted Answer

Developing countries need to acquire foreign exchange to pay for imports, as they often rely on importing goods and services that are not produced domestically.

Developing Countries