Author Question: Apply what you have learned about development and development theories so speculate on the following ... (Read 305 times)

Themember4 · **on:** Jun 30, 2018

Apply what you have learned about development and development theories so speculate on the following thought experiment: What if anything might be different about today's international economic order if the Spanish had colonized North America and

the English had colonized South America?

Question 2

A major objective of tax policy should be to

a. avoid distortions in resource allocation while raising revenue
b. divert savings from the private to the public sector
c. increase the government's ability to direct the economy
d. supplement resources entering the country from foreign aid
e. all of the above

shaikhs · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

You may wish to note for students that there may be more than one correct answer.
Careful reasoning and application of the material is necessary.

Answer to Question 2

A