7) Should exports of primary products such as agricultural commodities and ores be promoted, or should policy
Question:
7) Should exports of primary products such as agricultural commodities and ores be promoted, or should policy support export diversification?
8) How do many low- and middle-income countries get into serious foreign debt problems, and what are the implications of debt problems for economic development? How do financial crises affect development?
9) What is the impact of foreign aid from high-income countries? Should low-income countries continue to seek such aid, and if so, under what conditions? Should high-income countries continue to offer such aid, and if so, for what purposes?
10) Should multinational corporations be encouraged to invest in low- and middle-income countries, such as through investment promotion programs, and if so, under what conditions?
Expert Answer:
7 Answer In the short run exports of primary products such as agricultural commodities and ores should be promoted But in the long run exports of high valueadded goods should be stimulated 8 Answer Th... View the full answer
