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:

Trade Barriers

Measures such as tariffs, quotas, and import bans that governments impose to restrict international trade and protect domestic industries.

Canada

a country located in the northern part of North America, known for its vast landscapes, multicultural diversity, and economic strength.

Mexico

A country located in the southern portion of North America, known for its rich cultural heritage, diverse landscapes, and economic significance.

Offshore Outsourcing

The practice in which businesses hire people in another country to perform various tasks.