Economic growth in the DVCs might increase if IACs
A) reduce their tariffs and import quotas.
B) encourage more immigration of highly skilled DVC workers.
C) outlaw direct private investment abroad by IAC corporations.
D) discourage capital ﬂight to the DVCs.

Question

Quizplus · Accepted Answer

If IACs reduce their tariffs and import quotas, it will create a more favorable environment for DVC businesses to export goods and services. This will increase their access to foreign markets and could stimulate economic growth.

Economic Growth in the DVCs Might Increase If IACs