Between 1973 and 1982 Developing Countries Were Also Harmed by Three

question 18

Multiple Choice

Between 1973 and 1982 developing countries were also harmed by three international shocks which included

• A) increase in oil prices, increase in commodity imports and higher interest rates on the foreign debt.
• B) increase in oil prices, reduction in their terms of trade and lower profits on simple ISI products.
• C) increase in oil prices, improvement in their terms of trade and higher interest rates on the foreign debt.
• D) increase in oil prices, reduction in their terms of trade and lower interest rates on the foreign debt.
• E) increase in oil prices, reduction in their terms of trade and higher interest rates on the foreign debt.

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Definitions:

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions, often leading to novel conclusions or unique solutions.

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an electronic device designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results of these operations.

Language Properties

Fundamental characteristics of language, including syntax, semantics, phonetics, and pragmatics, that enable communication.