Economists Would Most Likely Suggest That Advanced Nations Can Best

question 66

Multiple Choice

Economists would most likely suggest that advanced nations can best assist in the economic development of developing nations by

• A)increasing the amount of military aid to strengthen the government's role in providing law and order.
• B)increasing trade barriers so that less-developed nations will become more self-sufficient.
• C)reducing trade barriers and increasing the amount of private and public capital.
• D)decreasing the amounts of private capital or foreign aid to reduce the level of neocolonialism.

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Definitions:

Union Activity

Refers to the actions and endeavors undertaken by trade unions to represent and protect the interests of their members, including collective bargaining, strikes, and advocacy.

Retaliated

Acted against someone in response to a perceived wrong; often involves punitive actions in a conflict or dispute.

Judicial Precedent

Legal cases that establish principles or rules that courts may follow in deciding subsequent cases with similar issues or facts.

Injunction

A judicial order that restrains a person from beginning or continuing an action threatening or invading the legal right of another individual.