Suppose a Developing Country Is Falling Further Behind the Developed

question 56

Multiple Choice

Suppose a developing country is falling further behind the developed countries that it neighbors. As an economic consultant you are called to look at its policies to recommend changes. If you saw all of the following on your visit, which of them could be an explanation for the slow growth in the economy?

• A)You see that new companies require few licenses to move their exports.
• B)You see that the central bank leadership is tied very closely to the party of the elected officials.
• C)You see that the roads, bridges, and ports are in great shape thanks to the work of the World Bank.
• D)You see that literacy rates rival those of its developed neighbors

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Definitions:

Fireworks

Pyrotechnic devices used for entertainment purposes, which explode to produce colorful lights and sounds.

Pyrotechnics

The art of making or displaying fireworks, often used in celebrations or as special effects in entertainment.

Firecrackers

Small explosive devices primarily designed to produce a large sound and a display of light, used for entertainment, especially during celebrations.

Chinese

The language spoken by the majority in China, part of the Sino-Tibetan language family. It has several dialects, including Mandarin and Cantonese.