While Many Developing Countries Have Reformed Their Economies in Order

question 82

Multiple Choice

While many developing countries have reformed their economies in order to imitate the success of the successful industrial economies, the process remains incomplete and most developing countries tend to be characterized by all of the following EXCEPT

• A) seigniorage.
• B) control of capital movements by limiting foreign exchange transactions connected with trade in assets.
• C) use of natural resources or agricultural commodities as an important share of exports.
• D) a worse job of directing savings toward their most efficient investment uses.
• E) reduced corruption and poverty due to limited underground markets.

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Definitions:

Constitutions

A set of fundamental principles or established precedents according to which a state or other organization is governed.

State Structures

The organized system of political institutions and processes through which a country or organization is governed.

Civil Unrest

A broad term describing public expressions of dissatisfaction through demonstrations, strikes, or violent protest against governments or institutions.

National Prosperity

The economic wealth and well-being of a nation, characterized by strong economic indicators such as high GDP, low unemployment, and access to resources.