Unit 31 - Strategies promoting economic growth/development

Promoting and securing property rights and land tenure rights are important for the folllowing reasons except:

Improved access to banking systems is important for econ growth/development. Which is not a benefit of this strategy?

Social enterprise is an interventionst approach to economic development.

Humanitarian aid is a long-term aid structure to address systematic problems.

Challenges with the implementation of trade liberalization include; lack of infrasturucture and comparative advantage.

Which of the following is not a reason MNCs are attracted to developming economies.

Two barriers in achieving economic diversification are tariff escalation and the need for a low qualified workforce.

A disadvantage of the Import Substitution strategy is that tax revenue is generated from tariff barriers.

Import subsitution supports the economic perspective of free trade based on comparative advantage.

Which of the following is not included as an advantage of the Import Substitution strategy.

Redistributive fiscal policies is a monetary policy focused on interest rates to increase econ growth and improve dev.

Which of the following is not a market-based supply-side policy for economic growth/development.

OECD guidelines for Multinational Enterprises provide strict protection for MNCs operating in developing countries.

Development aid is a short-term aid structure addressing poverty and promote economic, social, and political development

Addressing gender discrimination and women empowerment is an important part of reducing corruption.

Reducing corruption is essential for economic growth/dev. This involves reducing financial and political transparency

Economic growth will contirbute to economic development if the benefits of the growth are not shared equitably.

Conditional cash transfer programs require low income earners to meet basic requirements to receive welfare support

Which of the following is a possible disadvantage of economic integration.

In general, economic integration offers important opportunities for countries to achieve econ growth and development.

Deregulation focuses on the costs of production. Which is not included in the objective of this strategy.

Decrease in price of primary products/commodities is a result of lower supply and an increase of demand.

Interventionist strategies can promote econ growth/dev. As long as they focus on areas affecting the poor.

Developing countries face a huge challenge of allocating scarce resources to merit and public goods/services.

Redistributive fiscal policies include the following strategies except...

Deregulation and minimal government intervention is an example of an export promotion strategy.

Free-market, export-led strategy can lead to increased income inequality.

Export promotion is an outward-oriented strategy, based on opennes and increased international trade.

A major problem for developing countries has been the over-dependence upon exporting a limited range of primary products

Improvement in education systems is essential for the creation of a higher skilled workforce.

Privatization requires the creation of regulatory systems in assessment of poverty and social impacts.