Income inequality as a result of globalization: Is rising in the industrialized and developing countries Is proving that globalization is not beneficial Has not been blunted by welfare measures Is widely accepted as a cost of development

Q: The Organization for Economic Co-operation and Development (OECD) is a forum for countries: Select…

A: It is a gathering of nations portraying themselves as focused on majority rules system and the…

Q: Which of the following is true about the World Bank? OPTIONS: It is a U.N. sponsored agency that…

A: The world bank is an international institute which was formed in July 1944 that provides financial…

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: 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: total production) than smaller countries? a) Smaller countries tend to be poor so there are not…

A: International trade refers to the exchange of goods and services across borders.

Q: An emerging country has a real GDP of $1553.1 billion. After one year, real GDP has grown to $1677…

A: Real GDP is the money value of all final goods and services produced in an economy corrected for…

Q: Globality is the spreading and deepening consciousness of the world as a whole True or false

A: Globality is the awareness of the entire world as a single entity. Roland Robertson, a British…

Q: Globalism is a political belief system True or false

A: Globalization (Commonwealth English; see spelling variants) refers to people, businesses, and…

Q: Countries such as the China that have large populations tend to have a) relatively greater capital…

A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

Q: An underdeveloped country is a country characterized by chronic widespread poverty and less economic…

A: A country is said to be underpopulated when it has insufficient or very small population.

Q: A key reason for low foreign direct investment in developing nations is: the presence of tariff and…

A: Foreign direct investment refers to the situation when foreign investors make direct investment in…

Q: When investment occurs in developing nations: OPTIONS: investors hope to gain significant returns on…

A: Investment is the key factor to drive the economy of a developing country. The higher the level of…

Q: ‘Structural adjustment’ programmes require that _________ Governments of poor…

A: A country must comply with a set of economic changes known as a structural adjustment in order to…

Q: Identify THREE public policies that can stimulate employment and facilitate economic growth in an…

A: In standard financial hypothesis, the issue of business is typically examined in terms of a…

Q: Discuss the Millennium Development Goals with respect to Pakistan.

A: MDGs are the 8 goals with measurable targets and deadlines for the betterment of the lives of the…

Q: In short third world countries are in the trap of those type of problems which creates imbalance in…

A: Third world countries are in the problem of vicious circle of poverty.

Q: Globalization denotes not an ideology but a range of processes nesting under one way rather unwieldy…

A: Globalization is a phrase used to describe how trade and technology have connected and…

Q: Globalization is best characterized by a. Better transmission of information across countries. b. An…

A: When talking about openness of the countries, the term globalization is widely used by the…

Q: Two countries start with the same real GDP per capita. Country A’s real GDP per capita is growing at…

A: Country B real GDP per capita same as country A-6.6% After 140 years,it would be 6.6*4=26.4

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: Looking at the lessons of the East Asian Development Model, which claim is not true: -Over time…

A: The East Asian model, which was pioneered by Japan, is an economic growth strategy in which the…

Q: ). Fill in the blanks…

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

Q: Answer the questions in the answer sheet provided. State your answer in (5-10) sentences. Choose…

A: Economic development, as we said previously, depicts an expansion in the creation of the amount and…

Q: Since​ 2000, the overall growth rates among emerging countries have been   A. negative every year.…

A: Considering the overall growth rate among the emerging countries, it has been rising but there…

Q: b) i. Explain two reasons why some analysts argue that FDI will promote development & ii. two…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: The IMF has a goal of promoting global economic growth and financial stability, encourage…

A: The International Monetary Fund is the full of IMF.   Its aims to promoting global economic growth…

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: State THREE specific reasons that could account for the differences in the unemployment rate in a…

A: To state the causes behind the unemployment in a developing economy and how it differs from the…

Q: TRUE OR FALSE: 1. Economic growth and poverty have a strong positive correlation. 2. High-income…

A: 1. Economic growth and poverty have a strong positive correlation.  Economic growth has a trickle…

Q: Zambia, as a developing country, has a large external debt which is interfering with its economic…

A: The Balance of Payments (BOP) basically refers to a  statement that records all monetary…

Q: International firms will invest in less developed countries at the beginning of their production…

A: The companies after achieving the profits in the developing countries in the world would expand…

Q: Describe any two (2) strategies that can be used in Taiwan to stimulate growth as well as any two…

A: The economic growth of a country can be defined as the rise in the final value of all the goods and…

Q: Labor in developing countries generally, 01 favors foreign direct investment inflows because the…

A: Foreign direct investment is when foreign companies set up business in the domestic country.

Q: Identify THREE public policies in Jamaica that can stimulate employment and facilitate economic…

A: Jamaica's economy is primarily based on services, which account for 70% of the country's GDP.…

Q: As long as a country has high GDP growth rate, it can be categorized as an emerging market economy.…

A: Emerging market economies are those economies that are into a transition period, and moving toward…

Q: To increase growth, governments should do all of the following except: encourage saving and…

A: Economic development refers to improvement in the social welfare of the population residing in a…

Q: Criticize Modernization theory in development

A: In breaking down the resources of the modernization hypotheses, it ought to be perceived that this…

Q: Less developed nations are dominated by primary industries with low value-added, and they have…

A: Less Developed Nations :  Less developed nations are those which have very low per capita income .…

Q: Compare the dualistic development approach of "Modern-Sector Enlargement" with the dualistic…

A: Modern sector enlargement:- The two-sector economy develops by extending the scale of the modern…

Q: One of the biggest challenges for stimulating economic growth in high-income countries is Group of…

A: Economic growth, the tactic by that a nation's wealth can increase over time.. Economic growth is a…

Q: uppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: Developing countries with low savings rates , high levels of regulations and poor levels of health…

A: Developing countries are defined as those countries that have low human development index as…

Q: In many developing nations, young women have lower enrollment rates in secondary school than do…

A: Human capital refers to the knowledge, skill and productivity of the labor force that can be obtain…

Q: globalization

A: Globalization refers to the increasing interdependence between different cultures, economies, and…

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: The growth rate of potential GDP is not affected by   a. the growth rate of the labor force.   b.…

A: Potential GDP is the level of output that the economy can produce at a constant inflation rate. It…

Q: Which of the following is NOT a primary obstacle to economic growth for economically challenged…

A: Answer: Economic growth: economic growth occurs when the real GDP increases consistently over a…

Q: Which of the following is not an indicator of Globalization Opening the economy for unrestricted…

A: When talking about globalization, it can be said that it is the important part of an economy as it…