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Recall Application 7, "Lack of Property Rights Hinders Growth in Peru

Question 93

Multiple Choice

Recall Application 7, "Lack of Property Rights Hinders Growth in Peru," to answer the following questions:
-According to the application, the inability of households to switch production to highly profitable goods such as palm oil is made difficult by the:


A) how price of palm oil.
B) lack of available credit.
C) high export taxes on palm oil.
D) lack of land to grow the palms.

Correct Answer:

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