In recent decades, the World Bank shifted to an approach that focused on food, shelter, and health care. This approach is referred to as the
a. export-led growth strategy.
b. developmental state approach.
c. most favored nation status.
d. basic human needs approach.
Question 2
The United States was willing to tolerate significant trade deficits with which of the following countries during the Cold War, due to the strategic importance of this country?
a. Singapore
b. Taiwan
c. England
d. Japan