Economists would most likely suggest that advanced nations can best assist in the economic development of developing nations by:

Question

Quizplus · Accepted Answer

Economists generally believe that reducing trade barriers and increasing both private and public capital investments are the most effective ways advanced nations can assist in the economic development of developing countries. By doing so, it allows for increased economic opportunities and growth in the developing country. Providing military aid or decreasing foreign aid could potentially create negative consequences and reduce the autonomy of the developing nation. Increasing trade barriers also hinders the potential for economic growth and can perpetuate inequality between nations.

Economists Would Most Likely Suggest That Advanced Nations Can Best