Data on Trade Barriers and the Growth of Per Capita

question 90

Multiple Choice

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

• A) there is no link between the degree of a country's trade openness and its economic growth.
• B) more open economies have grown more rapidly than those that have imposed substantial barriers restricting trade.
• C) economies that have imposed high trade barriers have, on average, grown more rapidly than economies that are more open to international trade.
• D) countries with higher trade barriers have been able to achieve higher levels of per capita GDP than those that are more open to international trade.
• E) both c and d are correct.

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