Senator Smith says that in order to help poor countries develop, the United States should: 1. Prevent U.S. corporations from investing in poor countries because they take profits that the poor countries should have; 2. reduce or eliminate subsidizes to U.S. producers when poor countries have a comparative advantage producing those goods the U.S. subsidizes; 3. Work to promote political stability in poor countries; and 4. Reduce poor countries reliance on market forces in their economies. How many of these ideas are likely to help poor countries grow?
A)1
B)2
C)3
D)4

Question

Quizplus · Accepted Answer

Preventing U.S. corporations from investing in poor countries could actually harm their development as it would reduce foreign investment and job creation. While reducing or eliminating subsidies to U.S. producers could help poor countries by allowing them to compete in the market, it may not be enough to ensure their growth. Promoting political stability would also be important as it can reduce corruption and promote investment. However, reducing poor countries' reliance on market forces in their economies may not be feasible as it could mean limiting their access to global markets and hindering their economic growth potential. Therefore, option B is the best answer, as it includes the idea that would most directly benefit poor countries while taking into account the potential downsides of the other proposals.

Senator Smith Says That in Order to Help Poor Countries