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Author Question: Many developing countries have a static comparative advantage in the production of one or two ... (Read 96 times)

savannahhooper

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on: Jun 30, 2018
Many developing countries have a static comparative advantage in the production of one or two primary products. In what ways might specialization in these products contribute to growth and development? In what ways might this fail to contribute?
 
  What will be an ideal response?

Question 2

Developing-country governments were attracted to planning by the positive example of
 
  a. Great Britain during the 1980s
  b. The United States during the 1790s
  c. Japan during the 1870s
  d. The Soviet Union during the 1950s
  e. all of the above


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Carliemb17

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

Calls for a discussion of short and long run effects as in the text.

Answer to Question 2

D


savannahhooper

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cassie_ragen

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Reply 3 on: Yesterday
Excellent

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