The Main Lessons of the Study of International Macroeconomics Are

question 19

Multiple Choice

The main lessons of the study of international macroeconomics are that:

• A) there is a consensus regarding the best policies to follow.
• B) poor countries will become rich if they just adopt the institutions of the rich countries.
• C) financial openness will quickly lead to economic growth.
• D) the best policies to follow depend on the institutional structure of a country and the specific situation.

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Definitions:

Epithelial Tissue

The type of animal tissue that covers body surfaces, lines body cavities, and forms glands; also called epithelium.

Glandular Tissue

Tissue comprised of glands that produce and secrete substances for various functions in the body, such as hormones, enzymes, and sweat.

Connective Tissue

Animal tissue consisting mostly of an intercellular substance (fibers scattered through a matrix) in which the cells are embedded (e.g., bone).

Collagen Fibers

Strong, fibrous proteins found in connective tissues, providing structural support and elasticity in various parts of the body.