pls answer this question within 15-20 minutes with the complete explanation and also explain why other options are not valid I'll give you multiple upvotes. 4. Immiserizing growth isa. likely to occur if the exporting country is poor.b. likely to occur if the exporting country is rich.c. likely to occur if the country is large and its rapid growth impacts it terms of trade significantly.d. likely to occur if growth occurs rapidly and doesn't impact the country's terms of trade.

The process of economic growth may result in an increase in the level of output in the growing…

Immiserizing growth is likely to occur if the exporting country is poor. likely to occur if the exporting country is rich. likely to occur if the country is large and its rapid growth impacts it likely to ocur if o outh oouns panidly and doesn't impact the co

Immiserizing growth is likely to occur if the exporting country is poor. likely to occur if the exporting country is rich. likely to occur if the country is large and its rapid growth impacts it likely to ocur if o outh oouns panidly and doesn't impact the co

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

See similar textbooks

Related questions

Q: 4. Since more capital allows more output to be produced, it is always better for a country to have…

A: In economics, capital can be understood as all those men-made goods and services that are used in…

Q: e. Trade Representative: "In an open economy with international trade, government spending is much…

A: The policies of a country on international trade and financial markets determine whether it is an…

Q: The United States is able to experience economic growth to the exte a) trade is restricted. b) jobs…

Q: You are given the following information about an economy: Gross private domestic investment = 40…

A: GDP: GDP or gross domestic product is the estimation of the final value of all the goods and…

Q: What are some potential negative impacts that IMF may have on a lesser developed country

A: IMF is an organization at the international level that promotes economic growth globally and…

Q: me something about labor export. Is it a good development policy

A: Relocation is the development of individuals starting with one country then onto the next to profit…

Q: Based on the late 20th century predictions of proven resources, the world's oil productions should…

A: The predictors believes that when first found the oil, the people will increase the consumption,…

Q: pment is both a means and an end in itself and such means and end are fairly constant for every…

A: Answer 1) The Tern 'Development' is used to specify the advancement of anything from its initial…

Q: Countries will be net of products when they have a(n) -_ of resources? exporters, abundance…

A: Net export is the value of total exports minus the value of total imports. The export is the number…

Q: B Y

A: Production possibilities curve shows the different combinations of goods and services that a nation…

Q: Differentiate between Labour - Saving and Capital - Saving technological progress [TP]. Which TP is…

A: The most significant aspect that influences the pace of economic development is technological…

Q: Inward foreign direct investment (FDI) can have both positive and negative effects on developing…

A: When a business or entity invests in and owns at least ten percent of a foreign company, this is…

Q: onsider Table 1 above. What is Uruguay's GDP per capita? A) $1,998.34 B) $7,454.30…

A: Gross Domestic product (GDP) measures the value of final goods and services produced within the…

Q: Select all that are true given an increase in foreign investment from the domestic economy: A.…

A: This is because investors will now try to invest in domestic markets and companies rising and…

Q: Explain why the Three Basic Indicators of Development (Purchasing Power Parity, Indicators of…

A: Economic development and economic growth are two different terms to describe a country's economy.…

Q: Nation-to-nation investment should help both nations involved. O True O False

A: Investment is the process of adding to the stock of capital assets with the expectation of getting a…

Q: The World Bank projects that the world's population will increase from 7.6 billion in 2019 to 8.6…

A: The World Bank is an international association that gives financing, guidance, and examination to…

Q: The World Bank projects that the world's population will increase from 7.6 billion in 2019 to 8.6…

A: here we calculate the per capita income of the following year which are as follow-

Q: Why do some countries succeed in developing their economies while others fall behin

A: Economic development: - Economic development is the process of improving the social and economical…

Q: One country would invest in a developing nation's businesses to achieve a favorable return in the…

A: Developing Countries: Any country that has low score on the Human development index (HDI) (which is…

Q: the sp

A: Emerging markets depict economies which tend to exist between the stages of developing and being…

Q: Question 25 (1 pnint) If the catch-up effect is universal, i.e. the poorer countries grow faster.…

A: The gross domestic product shows the value of domestically produced goods and services in a given…

Q: is the singlé most important source of productivity. Current saving O Equity Technological…

A: Productivity in economic terms is the measure of output per unit of input. The units of input and…

Q: The Northeast (Manchuria) is China's richest and fastest- growing macro-region. O True False

A: Economic growth refers to an increase in the production of goods and services over a period of time…

Q: Explain how GDP, the categories of economic development, and the business cyde influence marketers'…

A: GDP stands for the gross domestic product is the value of the total output of all the goods and…

Q: uestion 1 (a) Explain what productivity meas ures. (b) List and describe 3 factors of labour…

A: c. (i) The usual definition of political instability is the likelihood of a government collapsing as…

Q: What factors occurred that changed the growth n China and India in 2009-2013?

A: Many believe that the economies of both India and China will have a significant impact on the global…

Q: o.30] (Multiple Choice) Media had made further globalization. False

A: Globalization is the free movement of people, capital, technology , knowledge and resources…

Q: Which GDP result (current or constant) is more appropriate for comparative purpose with other…

A: Gross Domestic Product (GDP) measures the market value of final goods and services produced by an…

Q: Differences amongst countries in their standard of living can be attributed to differences in Select…

A: Standard of living:- The material well-being of the ordinary individuals in a particular population…

Q: To spur economic growth, underdeveloped countries should: trade with foreigners. O do all of these.…

A: Economic growth refers to increase in real GDP in the economy, that is increase in economic…

Q: Calculate the trade-to-GDP ratio for a country that has a 5 percent growth rate, $600 million in…

A: Trade to GDP ratio measures the relative importance of trade to a national economy.

Q: Which of the following policies would likely increase productivity all else the same? A increasing…

A: At the marketplace, productivity refers to the total amount of goods and services produced with the…

Q: Which of the following helps Oman to achieve economic development? a. Increase dependency of oil and…

A: Higher dependence on oil and gas, or any specific good or service, slows down economic growth, so…

Q: e comment! Since more capital allows more output to be produced, it is always better for a country…

A: we know As Capital, in the eyes of an economist, usually refers to liquid assets of it. To put it in…

Q: (1) Freer trade cuts the cost of living (a) true (b) false (2) GCC countries projected to grow…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: surplus imply the economic growth is strong? Please between level of GDP and Net capital outflow.

A: A trade deficit happens when a nation imports more than it sends out. Otherwise called a negative…

Q: Differences amongst countries in their standard of living can be attributed to differences in Select…

A: The standard of living can be attributed to differences on various grounds.

Q: Malaysia main export destinations in 2020 are a. China, Singapore, USA. b. China, Hong Kong SAR and…

A: Malaysia main export destinations in 2020 is shown in table below: Country % Export China 17%…

Q: brosia and Burunda. Ambrosia's GDP per worker is 1.96 times that of Burunda. The ratio of investment…

A: Given Information , There are two countries : Ambrosia & Burunda Ya/La = 1.96 Yb/Lb…

Q: 21

A: The economic and social development of Turkey since the early 2000s has been great. It led to…

Q: por ratio increases? Dw growth model that ita terms, when an ecc te, what do you expec ital-labor…

A: (Note: Only the first three parts have been solved). The Solow model is a macroeconomic model…

Q: If the Philippines has to learn from Rostow , Harrod and Domar, development can only happen when a…

A: Economic growth is defined as an increase in the production of goods and services in an economy. It…

Q: growth and public polncy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a…

A: When a nonresident individual or an institution decides to invest in a country where his economic…

Q: explain the impact of export biased growth on the welfare of a country With the help of a diagram,

A: A country seeking after fare drove development tries to grow its economy by creating merchandise…

Q: Suppose a country's population grows at the rate of 2% per year and its output grows at the rate of…

A: The total GDP divided by the population determines the GDP per capita of the country. GDP per capita…

Q: Do

A: Economic development is the primary objective of the government because it creates wealth in the…

Question

pls answer this question within 15-20 minutes with the complete explanation and also explain why other options are not valid I'll give you multiple upvotes.

4. Immiserizing growth is
a. likely to occur if the exporting country is poor.
b. likely to occur if the exporting country is rich.
c. likely to occur if the country is large and its rapid growth impacts it terms of trade significantly.
d. likely to occur if growth occurs rapidly and doesn't impact the country's terms of trade.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

In what way does comparing a countrys exports to GDP reflect its degree of globalization?
If the removal of trade banters is so beneficial to international economic growth, why would a nation continue to restrict trade on some imported or exported products?
2.In a farway country, banana is the most important crop exported to rest of the world. Data about economic indicators for farway country are given in Table 1. Table 1: Macro Economic Indicators of Farway Country (all figures in million $) year Consumption Expenditure Investment Expenditure Government Expenditure Exports import 2012-13 100 20 50 60 70 2013-14 120 25 60 65 75 2014-15 140 30 70 65 78 2015-16 160 28 40 50 75 2016-17 165 25 30 45 75 2017-18 170 24 20 40 80 2018-19 170 20 20 35 80 In recent years, a life style change, leading to more consumption of processed food, than raw food has led to reduction in demand for Bananas for consumption. Since the manufacturing sector in FarwayCountry is not developed, the country has to import most of its processed food needs, leading to increase in imports.The Government of Farwaycountry is contemplating inviting foreign investors to establish industries to manufacture banana products such…
Jiz What are the effects on U.S. imports and exports when the U.S. experiences economic growth stronger than its major trading partners? Multiple Choice There will be no effect on US imports and exports. U.S. exports will increase more than U.S. imports. US imports will decrease, but U.S. exports will increase. Saved US imports will increase more than U.S. exports. Note: don't use chat bot.
Pls help with below homework, give brief answer in 10-15 sentences What has been the most powerful incentive for Baidu’s international expansion, and what benefits is the firm enjoying from its global growth?
1. Why do you think many big corporations like Apple, Coca-Cola, Microsoft, choose to manufacture their products in countries located in the Global South than in the Global North? 2. Based in your knowledge, why rich countries become richer and poor countries become poorer? Support your idea.
#6. What are 4 recommendation for a country to invest in the fourth industrial revolution?
11. Name a country or region in the world that has benefited from globalization: _________________Name a country or region in the world that has been suffering more than benefiting fromglobalization: ________________________ 9, Name three factors that, have helped promoting globalization. 10, three main areas of globalization. Which are these areas? Select up to threefrom the options below.a. culture b. military c. technologyd. economy e. environment f. transportationg. tariffs h. infrastructure i. politics
Question 1:In Ghana, the capital share of GDP is about 40 percent, the average growth in output is about2 percent per year, the depreciation rate is about 3 percent per year, and the capital–output ratiois about 1.5. Suppose that the production function is Cobb–Douglas and that Ghana has beenin a steady state.a. What must the saving rate be in the initial steady state? [Hint: Use the steady-staterelationship, sy = (δ + n + g)k.]b. What is the marginal product of capital in the initial steady state?c. Suppose that public policy alters the saving rate so that the economy reaches the GoldenRule level of capital. What will the marginal product of capital be at the Golden Rule steadystate? Compare the marginal product at the Golden Rule steady state to the marginal productin the initial steady state. Explain.d. What will the capital–output ratio be at the Golden Rule steady state? (Hint: For the Cobb–Douglas production function, the capital–output ratio is related to the marginal product…
Pls help with below homework. Please explain below concepts in 6-7 sentences 1.Are trade restrictions necessarily bad for a developing economy? 2. Under what circumstances are trade restrictions good for the economy? 3. Under what circumstances are trade restrictions bad for the economy?
1. Free international trade stimulates economic growth by _____________________________________________. Group of answer choices a. extracting all the available gains from specialization and trade b. funding basic education and by ensuring high standards in skills such as language, mathematics, and science c. funding basic research and allocating public funds to their highest-valued use d. incentivizing saving and investment for capital accumulation as well as tax incentives to promote saving 2. What did psychologist Pam A. Mueller (Princeton University) and marketing professor Daniel M. Oppenheimer (UCLA) find when they studied about 67 Princeton University students taking notes by hand and on laptops while watching TED talks? Group of answer choices a. They did not find any difference between the groups taking notes and their performance on tests. b. They found those using laptops were more inclined to take verbatim notes and performed worse on tests. c. They found…
Comparing labor productivity , suppose the United States has an absolute advantage over Costa Rica in the production of calculators and towels . In the United States , a worker can produce 4 calculators or 400 towels in 10 hours . In Costa Rica , a worker can produce 1 calculator or 100 towels in the same amount of time . Under these conditions , would Costa Rica specialize in calculators and trade for towels ? Would Costa Rica specialize in towels and trade for calculators ? I need urgent..