Senator Noitall says that in order to help poor countries develop, the United States should: 1. Encourage poor countries to allow U.S. and other foreign firms to build and operate businesses in their country; 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?

Question

Quizplus · Accepted Answer

Encouraging foreign investment (1), reducing subsidies to allow comparative advantage (2), and promoting political stability (3) are generally beneficial for development. Reducing reliance on market forces (4) is typically not advised for growth.

Senator Noitall Says That in Order to Help Poor Countries