Asked by Daniel Amoako on Jul 27, 2024
Verified
One suggested policy that industrially advanced nations could adopt to foster economic growth in less-developed nations would be to
A) leave the responsibility to the World Bank.
B) direct foreign aid to the poorest DVCs.
C) recruit more skilled workers from DVCs.
D) target the banking sector for the most help.
Skilled Workers
Individuals who have specialized training or expertise in a particular job or industry, often requiring formal education or apprenticeship.
Foreign Aid
Financial or in-kind assistance given by one country to another, often for developmental projects, humanitarian aid, or economic stabilization.
World Bank
A global financial intermediary that provides financial assistance and grants to the governments of developing nations with the aim of pursuing capital project investments.
- Analyze the efficiency of diverse categories of overseas assistance and policies for development aid.
- Assess the influence of policies enacted by developed countries on the economic progress of developing nations.
Verified Answer
Learning Objectives
- Analyze the efficiency of diverse categories of overseas assistance and policies for development aid.
- Assess the influence of policies enacted by developed countries on the economic progress of developing nations.
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