The remarkable success of the HPAEs proves that
A) trade policy is the key to successful economic growth.
B) trade policy is irrelevant to successful economic growth.
C) high educational standards is the key to successful economic growth.
D) dual economies must suffer economic stagnation.
E) trade policy can lead to a higher standard of living for developing countries.
Question 2
During the global financial crisis of 2008-2009, it appeared that overt global policy coordination was not practiced, but countries were all following similar policies, such as decreasing interest rates.
Indicate whether the statement is true or false