Would the model for mobile phone expansion apply to other less- or least-developed countries? Why or why not?

Q: Explain how the absolute per capita income gap between rich and poor nations might increase, even…

A: The IACs  (Industrially Advanced countries) are rich countries with higher per capita income. They…

Q: What is the equivalent organization to OECD (Organization for Economic Co-operation and Development)…

A: OECD is an organization for co-ordinating social and economic policies of member countries for their…

Q: Empirical observations and statistical analysis confirm that immiserizing growth occurs when: (a)…

A: Immiserizing growth theory was given by the Jagdish Bhagwati.

Q: Infant Industry protection is a key solution for the growth of industrialization of developing…

A: Protectionism for an economy can be understood as an attempt in developing the new manufacturing…

Q: How has the World Bank tried to change its approach to development, and how successful has it been?

A:

Q: Globalism is a political belief system True or false

A: Globalization (Commonwealth English; see spelling variants) refers to people, businesses, and…

Q: Countries with a_reliance on exports is likely to show a correlation of export growth to equity…

A: The degree to which two variables move in lockstep is referred to as correlation in statistics. A…

Q: does the position of rich countries in the economic chain threaten the status of less developed…

A: The transfer of capital, goods, and services across international borders or territories to meet a…

Q: Please provide a short and concise answer to the following question: What implications does a…

A: Agriculture is the primary source of livelihood for  many under developed or developing nations .…

Q: How GCC countries can avoid negative economic growth?

A: GCC countries will prevent negative growth by growing oil production in order to satisfy the high…

Q: hat is the historical path of the Arthur Lewis model on development in the caribbean

A: The Economy of the Caribbean is varied but depends on natural resources, agriculture, and travel,…

Q: Are trade restrictions necessarily bad for a developing economy? Under what circumstances are trade…

A: International commerce expands the range of products available to domestic customers, lowers the…

Q: Do you think globalization has something to do with the fast spread of COVID 19? Discuss the effect…

A:

Q: What are the failures of the World Bank business indicators? Explain clearly

A: Countries needed capital at the end of WWII. Capital needed to achieve their goals of rapid…

Q: List the countries in the world with the lowest policy rates over the last 10yrs (2008-2018) and…

A: The key lending rate of the central bank in a country is known as the policy rate. The policy rate…

Q: why countries needs economic diversification

A: Economic variety, also known as economic diversification, refers to changes in the economic status…

Q: Define Globalisation and outline some of the main features of this phenomenon.

A: Globalization: It can be defined as the interdependence amongst the populations, economies, and…

Q: Define the term semiperipheral countries? Give some examples?

A: Immanuel Wallerstein argues that in economics, there are three types of economic nations. They are…

Q: b) i. Explain two reasons why some analysts argue that FDI will promote development & ii. two…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: How does Economic Prosperity affect world air traffic growth? *

A: World air traffic refers to the total demand and supply of air transportation among the countries.…

Q: How do world systems experts categorize less developed countries that are still dominated by foreign…

A: The gross domestic product (GDP) or gross national income (GNI) per capita, the level of…

Q: The economic integration associated with should globalization can provide an opportunity for more…

A: Globalization refers to the economic integration that will increase the exchange of goods and…

Q: Economists argue that Malaysia has experienced premature deindustrialisation. Discuss why is…

A: When the growth of an economy's manufacturing sector starts to decline/slow down in its path towards…

Q: How does Politics and Political Stability affect world air traffic growth? *

A: Since economics deals with the supply and demand of resources, Adam Smith, the father of economics,…

Q: When might a country’s level of economic development mislead an international investor?

A: An investor is the one putting money into a business for getting a financial return.

Q: Economic integration brought on by globalisation has the potential to allow more widely distributed…

A: Economic integration is a pact between countries that usually entails the removal or reduction of…

Q: If a country is expected to achieve its goal of becoming a high-income country, but there are…

A: High-income countries are those countries who have a gross national income per capita over a certain…

Q: Infant Industry protection is a key solution for the growth of industrialization of developing…

A: Protectionism for an economy can be understood as an attempt in developing the new manufacturing…

Q: Give reasons why the economically developed countries have a high value for the ranking but…

A: Economic Development is the growth of the standard of living of a nation's people from a low-income…

Q: Why do people in developing countries move to largecities where they will find inadequate jobs and…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: What are the failures of the world bank business indicators?

A: A business can be defined as a commercial activity that seeks to profit by providing goods and…

Q: How does Trade and Development Report 2012 describe impact of globalization on income distribution?

A: Globalization is the phenomenon that describes inter-connectivity of countries connecting them in…

Q: Is merchantilism system practiced today and why? Which one of the GDP or GNP figures would be higher…

A: Mercantilism which is also known as commercialism is a system in which a nation or a country…

Q: How does the new concept of global relations emerges from the experiences of Latin-American…

A: Latin America is the part of the Americas made up of nations and areas where Romance languages…

Q: How does Population Growth Rates affect world air traffic growth?

A: The number of people would result in the population of the economy. The people in the country would…

Q: Do

A: Economic development is the primary objective of the government because it creates wealth in the…

Q: How does each FACTOR/ DRIVER contribute to globalisation?

A: Globalization is defined as the process under which technology, goods, services, jobs, and…