Question: Professor Miguel Ramirez asks his students at Trinity College to respond to the following problem: If LDCs cannot generate sufficient capital to engage in development,

Professor Miguel Ramirez asks his students at Trinity College to respond to the following problem: "If LDCs cannot generate sufficient capital to engage in development, then perhaps the richer nations of the world can provide capital in the form of foreign economic assistance. What effect would it have on the LDCs?"

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