Author Question: Structural adjustment has meant that less developed countries need to a. increase national debt. ... (Read 18 times)

shofmannx20 · **on:** Jul 8, 2018

Structural adjustment has meant that less developed countries need to

a. increase national debt.
b. learn to live with high inflation.
c. nationalize basic industries.
d. open their markets to more imports.
e. increase government spending on schools and infrastructure.

Question 2

Recently, most countries in the Global South have followed an economic strategy in which they have lowered barriers to trade, known as

a. import substitution.
b. structural adjustment.
c. dependency.
d. socialism.
e. democratic evolution.