Data on Trade Barriers, Income Levels, and the Growth of Per

question 126

Multiple Choice

Data on trade barriers, income levels, and the growth of per capita GDP indicate that

• A) there is no link between trade restrictions and either the per capita income levels or growth rates of economies.
• B) countries that impose high trade restrictions have both high income levels and rapid rates of economic growth.
• C) countries that impose high trade restrictions have low income levels, but they have been growing rapidly in recent decades.
• D) countries that have lower trade restrictions have both higher income levels and more rapid rates of economic growth than those with high trade barriers.