EBK PRINCIPLES OF MACROECONOMICS
EBK PRINCIPLES OF MACROECONOMICS
12th Edition
ISBN: 9780134079592
Author: Oster
Publisher: YUZU
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Chapter 20, Problem 2.12P
To determine

Identify the policies for economic development.

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In 2011, Cambodia had a GDP of $33.8 billion and a per capita GDP of $2,200. Nearly a third of its people lived below the poverty level, and average life expectancy was 62.5 years. Which of these additional factors would most support the conclusion that Cambodia is a developing economy rather than an emerging economy? A rapidly increasing GDP Decreasing illiteracy rates Increased foreign investment Lack of basic infrastructure
You have been hired to make a recommendation on the establishment of an export processing zone in a developing nation. Your task is to write “Pitfalls to Avoid and Benefits to Capture in an EPZ”.
Population size is no guarantee for economic prosperity. However, developing countries that have low per capita income represents a rewarding market for global trade because of their .......? A) technology B) political stability C) huge populations D) infrastructure
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