Which of the following would NOT be a reason why developed nations would try to coordinate their macroeconomic policies?
A)To achieve a desirable level of world economic growth
B)To avoid imposing a disproportionate burden on one major country in its attempt to help other world economies
C)To stimulate production in other countries using the higher incomes generated by policy coordination
D)To coordinate retaliatory policies on developing countries' trade barriers

Question

Quizplus · Accepted Answer

Coordinating retaliatory policies on developing countries' trade barriers would not be a reason why developed nations would try to coordinate their macroeconomic policies because it goes against the concept of promoting global economic growth and stability. It is not a constructive approach towards promoting equitable international trade.

Which of the Following Would NOT Be a Reason Why