Endogenous Growth Theory

question 27

Multiple Choice

Endogenous growth theory:

• A)Provides a convincing argument against international trade in that the lack of a single regulatory entity results in the trade of unsafe products for the consumer
• B)Advocates international trade because of the resulting increase of economic growth and development of participating nations
• C)Is disparaging of international trade for the negative effects experienced by larger nations involved
• D)Advocates international growth as a way for larger nations to accelerate slowed growth relative to that of developing countries

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