Author Question: To promote the international trade development model, most countries have joined the A) ... (Read 58 times)

gbarreiro · **on:** Jul 14, 2018

To promote the international trade development model, most countries have joined the

A) International Monetary Fund (IMF).
B) Organization for Economic Cooperation and Development (OECD).
C) World Trade Organization (WTO).
D) United Nations (UN).
E) International Bank for Reconstruction and Development (IBRD).

Question 2

Which of the following is true for the self-sufficiency path to development?

A) The government reduces taxes and tariffs and increases import quotas.
B) There is an attempt to focus on a few disruptive technologies.
C) Unprofitable private companies can be nursed to success because of isolation from competition from large international companies.
D) Rapid economic growth is expected.
E) Globally competitive products will be produced.