A Country with a Relatively Low Level of Real GDP

question 19

Multiple Choice

A country with a relatively low level of real GDP per person is considering adopting two policies to promote economic growth. The first is to increase barriers to trade. The second is to restrict foreign portfolio investment. Which of these policies would most economist think would promote growth?

• A)both the first and the second
• B)the first but not the second
• C)the second but not the first
• D)neither the first nor the second

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Definitions:

Sympathy

Feelings of pity and sorrow for someone else's misfortune, often leading to offers of help or support.

Time Management

Utilizing time in an effective manner to accomplish the desired results.

Personal Stress

Emotionally charged response to challenging or demanding circumstances, unique to individuals.

Work Overload

A situation where an individual or group has more work than they can manage in a given time frame.