Which of the Following Is a Recommended Policy for Industrially

question 188

Multiple Choice

Which of the following is a recommended policy for industrially advanced countries to adopt in order to foster economic growth in DVCs?

• A)admitting more temporary workers from DVCs
• B)reducing the amount of debt relief for DVCs to make them less dependent
• C)eliminating loans from the World Bank because it encourages bureaucracy
• D)eliminating financial control of central banks where they have been established

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty among the United States, Canada, and Mexico to lower trade barriers and promote economic cooperation.

International Trade Agreement

Treaties between two or more nations that outline the rules and guidelines for trade, including tariffs, quotas, and other trade restrictions.

Canada

A country in North America known for its vast landscapes, multicultural cities, and bilingual (English and French) culture.

Mexico

A country in North America, known for its rich cultural heritage, diverse landscapes, and significant history.