How are developing countries likely affected by the most recent global economic crisis?
A)Developed countries may increase aid to developing countries.
B)Developing countries will likely increase exports.
C)Developing countries may experience decreasing GNI.
D)Developed countries may reduce barriers to trade with developing countries.

Question

Quizplus · Accepted Answer

Developing countries are likely to experience a decrease in Gross National Income (GNI) due to the global economic crisis. This can happen as a result of reduced foreign investment, falling commodity prices, and lower demand for exports. The crisis can negatively impact the economic growth of developing countries, leading to lower incomes, job losses, and poverty.

Answer: A and D 
 Developed countries may increase aid to developing countries affected by the global economic crisis, as a way of supporting their recovery and maintaining stability in the global economy. At the same time, developed countries may reduce barriers to trade with developing countries, as a way of promoting economic growth and facilitating recovery in the aftermath of the crisis. This can help developing countries to boost their exports and attract more foreign investment.

How Are Developing Countries Likely Affected by the Most Recent