Economics Unit 4 Development

1. What is a disadvantage of fair trade schemes?

  • Better infrastructure
  • Encourages dependency
  • More money to producers
  • Distortion of markets
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Other questions in this quiz

2. What is it called when a country is dependent on the export of one commodity?

  • Export led growth
  • Primary product dependency
  • Export reliance
  • Savings gap

3. What is an advantage of developing based on tourism?

  • FDI from hotel chains
  • More imports
  • Capital flight
  • Seasonal unemployment

4. What is an example of an outward looking strategy?

  • Trade liberalisation
  • Regulation
  • Microfinance
  • Subsidies

5. Which of these countries' development has been prevented due to civil war?

  • Argentina
  • Angola
  • China
  • India


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