According to Brennan, the overwhelming consensus among economists is that rich countries are rich because they
A) have extensive access to natural resources.
B) have good institutions.
C) unjustly extracted wealth from poorer countries.
D) All of the above

Question

Quizplus · Accepted Answer

Brennan states that the overwhelming consensus among economists is that rich countries are rich because they have good institutions, such as property rights, democracy, and free trade. He rejects the ideas that natural resources or unjust extraction of wealth from poorer countries are the main reasons for a country's wealth.

According to Brennan, the Overwhelming Consensus Among Economists Is That