How is a country classified by the World Bank and the United Nations (UN) (see also textbook for more information)? Explain and illustrate

Q: Explain how the absolute per capita income gap between rich and poor nations might increase, even…

A: The IACs  (Industrially Advanced countries) are rich countries with higher per capita income. They…

Q: Among the stages-of-growth theory of development, the structural-change models of Lewis and Chenery,…

A: Stages of Growth theory of Development was developed by Rostow after the end of World War II, when…

Q: Can the Philippines benefit from the UN Sustainable Development Goals?

A: Sustainable development is a strategy of economic planning that tries to boost economic growth while…

Q: Goods and Services) Explain why each of the following would not be considered “free” for the economy…

A: A goods is an unmistakable thing that buyers want or own. A service is definitely not a tangible or…

Q: How adverse geography limits/hinders economic development in a particular country

A: Economic development is a broader concept which considers economic growth along with various…

Q: 34 of 100 The idea that new industries in developing countries must be protected is known as…

A: In developing countries, there are new industries which are not stable enough to compete with more…

Q: A “new world order” is meant to describe: An era where nations would work together for global…

A: In the Global market or world, political factors are highly responsible for the economic activities…

Q: does the position of rich countries in the economic chain threaten the status of less developed…

A: The transfer of capital, goods, and services across international borders or territories to meet a…

Q: Why is a country better off not isolating itself from all other countries?

A: The country is not isolating itself from other countries because of the market. Some countries have…

Q: Should the World Bank only be focusing on urban areas?

A: The World Bank is a global association that gives financing, counsel, and exploration to emerging…

Q: “The world population problem is not just a matter of expanding numbers but also one of rising…

A: Meaning of Poverty or Scarcity: The term scarcity or poverty refers to the situation under which…

Q: Are trade restrictions necessarily bad for a developing economy? Under what circumstances are trade…

A: International commerce expands the range of products available to domestic customers, lowers the…

Q: discuss ways a developing country can increase foreign direct investment

A: In economics, foreign direct investment refers to the investment made by the foreign people in…

Q: Why are the World Bank and IMF relevant for global businesses?

A: In the international market, there are some authorities that captures faith or trust of most of the…

Q: Can the Philippines benefit from the UN Sustainable Development Goals?

A: * ANSWER :-

Q: The coronavirus outbreak did not affect largely these high-quality workers due their working from…

A: The coronavirus outbreak did not affect largely these high-quality workers of the service sector but…

Q: The International Monetary Fund (IMF) and the World Bank (WB) have similarities except: a. Hold…

A: The international monetary fund is related to providing financial support to the countries while the…

Q: Compile a list of basic components of country development and describe them

A: Growth, progress, progressive impact, or the addendum of physical, economic, social, environmental,…

Q: nations that dependent on core countries for capital. are Internal areas Peripheral External areas…

A: When analyzing the nature and features of different countries, it can be seen that some of the…

Q: Mohammed Muhsen invested 17 years of his life in developing the World Bank’s international knowledge…

A: The World Bank, often known as the World Bank Group, is an international financial institution…

Q: Give an example of how advances in technology communications affected developing/emerging economies.…

A: The economies around the globe are involved in various economic, as well as financial activities.…

Q: why philippines needs the support of UN Sustainable Development Goals?

A: Sustainable development is a type of economic development whereby there is economic development in…

Q: 1) Using the World Bank’s classification system, Malaysia, Mexico and Brazil are: a. low-income…

A: Answer: (b) upper-middle-income countries.

Q: According to the Core-Periphery relationship, as the world economy expanded, it developed a core of…

A: Answer - Need to find- According to the Core-Periphery relationship, as the world economy expanded,…

Q: Health Care is also assessed when gauging a nation’s development? True or False

A: The DALY (Disability-Adjusted Life Year) is every now and again utilized as a proportion of illness…

Q: Which of the following is the main reason behind doing international business *   A. To benefit…

A: International business refers to the sale and purchase of goods and services across borders. It…

Q: Choose two countries to your interest; one is a developed country and the other one is a developing…

A: ) income per capita ii) savings rate iii) growth rate of population iv) investment rate    is

Q: Discuss Preventive Measures of the World Bank to Reduce Poverty on developing countries

A: The financial organization that lends money to those countries that have low per capita income is…

Q: OECD encourages countries to continuously supply various medical products to least income countries…

A: Here, it is given that the OECD encourages developing or developed nations to provide medical…

Q: imf bank and world bank

A: International Monetary Fund (IMF) and World Bank (WB) both created as a result of Bretton Wood…

Q: What multilateral institution was created under the Bretton Wood system to manage the world economy?…

A: Bretton Wood System was used in pegging the US dollar to gold price which started in mid 1940s and…

Q: Which of the following is not true of the World Bank? a. It uses output per capita figures to…

A: World bank is the financial institution under united nations that aims to provide low interest…

Q: Infant Industry protection is a key solution for the growth of industrialization of developing…

A: Protectionism for an economy can be understood as an attempt in developing the new manufacturing…

Q: Which of the following is associated with direct foreign investment? A. Official Development…

A: Foreign direct investment is referred to that investment that is done by a foreign company or…

Q: Impact of international trade relations on economic development.

A: International trade is the purchasing and selling of products and services across national borders.…

Q: What are two criticisms in World Bank and two of its opportunities in the future?

A: The economies around the world tend to work together with each other with the help of various…

Q: What is the relationship between product differentiation and intraindustry trade?

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Name any ONE benefit that third world countries may derive from joining first world countries. Which…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…

Q: The following are the neo-liberal economic policies promoted by World Bank and IMF. Which is NOT? A.…

A: World Bank: It is an international organization that was founded in 1944 at Bretton Woods. The…

Q: What is the benefits of our membership to the World Bank Group and International Monetary Fund?

A: The World Bank is an international financial institution that provides loans and grants to low- and…

Q: How can our country exercise and retain sovereignty in governance and policymaking to address global…

A: Maintaining the sovereignty of the country is the main duty of the government.

Q: The following are the neo-liberal economic policies promoted by World Bank and IMF. Which is NOT? A.…

A: Established at the Bretton Woods gathering in 1944, the two foundations have complementary missions.…

Q: What is the work of Organisation for economic cooperation and development ?

A: The Organisation for economic cooperation and development (OECD)is the international organisation…