Which of the following is NOT identified by Frankel as a major driver of economic globalization?
a. cheaper transportation
b. reduced communication costs
c. reduced policy barriers to trade
d. the spread of free-market ideology
e. reduced policy barriers to investment
Question 2
What does Rodrik conclude about the viability of a free trade model?
a. It is the best model for all states.
b. It is the only way that poor countries can become richer.
c. It is the only model for economic development that has been tried and tested.
d. It has served the United States well throughout its history, but its time has passed.
e. It must be understood in the specific context and weighed against the implications for distribution of income.
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economic question