Development Experts Are Less Enthusiastic Than They Used to Be

question 107

Multiple Choice

Development experts are less enthusiastic than they used to be about three decades ago about the positive role of DVC governments in promoting economic growth in their less-developed nations because of the

• A)corruption in government.
• B)availability of foreign aid.
• C)need for a greater tax collection.
• D)need for more public capital goods.

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Definitions:

Equitable Remedy

A judicial order enforcing a right or redressing a wrong, granted when monetary damages are not sufficient as relief.

Specific Performance

A legal remedy where the court orders the breaching party to fulfill the exact terms of a contract, rather than paying damages.

Injunction

A judicial order compelling a party to do or refrain from doing specified acts, used as a remedy in many types of disputes.

Drastic Change

Drastic change refers to a significant and often sudden alteration in circumstances, conditions, or the state of something.