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Author Question: Why might IS policies make a country likely to incur a large foreign debt? What will be an ideal ... (Read 109 times)

madam-professor

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on: Jun 30, 2018
Why might IS policies make a country likely to incur a large foreign debt?
 
  What will be an ideal response?

Question 2

In the early stages of development, educational spending should be focused on
 
  a. basic literacy
  b. agricultural skills
  c. basic technical skills
  d. accounting and management skills
  e. all of the above


AaaA

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Answer should review the nature of IS, focusing on the need to import foreign capital to produce import-substitute goods, and leading to borrowing for that purpose, whereas EO might be more apt to rely on export earnings.

Answer to Question 2

E


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madam-professor

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Reply #2 on: Jun 30, 2018
Thank you :)


AaaA

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Reply #3 on: Jun 30, 2018
Happy to help you


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