Free Trade Alone, Some Argue, Is a Necessary but Not

question 35

Multiple Choice

Free trade alone, some argue, is a necessary but not sufficient prerequisite to help the world's poorest countries bootstrap themselves out of poverty. They also recommend:

• A)a highly regulated command economy.
• B)weaker property rights laws.
• C)weaker labor regulations.
• D)large-scale debt relief.
• E)rapid expansion in population.

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Definitions:

Fund Manager

A Fund Manager is a professional responsible for making investment decisions and overseeing a portfolio of assets to achieve specified investment objectives.

Taxable Money Market Funds

Investment funds that invest in short-term debt securities and are subject to federal and sometimes state income taxes.

Tax-exempt

Income or transactions that are free from tax at the federal, state, or local level.

No-load Mutual Fund

A mutual fund that does not charge any type of sales load or commission, allowing investors to put more of their money directly into investments.