Author Question: As productive capital goods are established in developing nations A) developed nations will ... (Read 56 times)

ereecah · **on:** Jun 30, 2018

As productive capital goods are established in developing nations

A) developed nations will become less prosperous.
B) these countries will experience higher rates of economic growth.
C) portfolio investment will be replaced by loans from international aid agencies.
D) they will be less likely to engage in international trade.

Question 2

A researcher claims that the standards of law and order are the basis of the economic prosperity of a certain country. This argument is based on the:

A) geography hypothesis. B) location hypothesis.
C) culture hypothesis. D) institutions hypothesis.