The trade versus aid debate has become more intense in recent years. Free market economists argue that reducing import barriers would do far more to promote development in LDCs than any amount of foreign aid. This view is challenged by a number of development economists who argue that the terms of trade are so biased against LDCs that free trade would be of little benefit. It would seem that free trade though important would not be sufficient to promote significant economic development in LDCs and that foreign aid programmes, however flawed, should remain.
lydiajane74 answered the question on July 5, 2018 at 08:19
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Critically examine the view that government “green” policies benefit neither businesses nor the environment.
(Solved)
Critically examine the view that government “green” policies benefit neither businesses nor the environment.
Date posted:
July 5, 2018
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Explain some of the ways in which businesses may use and misuse the environment.
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Explain some of the ways in which businesses may use and misuse the environment.
Date posted:
July 5, 2018
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Critically examine the view that firms can continue to grow without experiencing diseconomies of scale.
Date posted:
July 5, 2018
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(Solved)
Explain the relationship between a firm’s short run and long run average cost curves.
Date posted:
July 5, 2018
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Answers (1)
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Critically examine the view that consumers benefit more from non-price competition than from price competition.
Date posted:
July 5, 2018
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Explain why firms engage in non-price competition
(Solved)
Explain why firms engage in non-price competition
Date posted:
July 5, 2018
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(Solved)
Evaluate the view that the government’s top priority should be to achieve a more equitable distribution of income
Date posted:
July 5, 2018
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Answers (1)
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(Solved)
Outline the main macroeconomic policy objectives of a government.
Date posted:
July 5, 2018
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Answers (1)
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Critically examine the view that only monetary policy can control an economy’s rate of inflation.
(Solved)
Critically examine the view that only monetary policy can control an economy’s rate of inflation.
Date posted:
July 5, 2018
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Answers (1)
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Analyse the impact of persistently high rates of inflation upon an economy
(Solved)
Analyse the impact of persistently high rates of inflation upon an economy
Date posted:
July 5, 2018
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Answers (1)
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Critically examine the view that contestable markets lead to a more efficient allocation of resources than any other market structure
(Solved)
Critically examine the view that contestable markets lead to a more efficient allocation of resources than any other market structure
Date posted:
July 5, 2018
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Answers (1)
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(Solved)
Critically examine the view that the advantages associated with large scale production mean that small firms will become a thing of the past.
Date posted:
July 5, 2018
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Answers (1)
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Explain why firms often strive to produce on a larger scale.
(Solved)
Explain why firms often strive to produce on a larger scale.
Date posted:
July 4, 2018
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Answers (1)
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(Solved)
Critically examine the policies which governments could adopt in order to shift the long run aggregate supply curve (LRAS) to the right.
Date posted:
July 4, 2018
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Answers (1)
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(Solved)
Explain what is shown by an economy’s short run aggregate supply curve.
Date posted:
July 4, 2018
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(Solved)
Evaluate the main policies which governments could use to reduce wage inequality.
Date posted:
July 4, 2018
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Answers (1)
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(Solved)
Analyse why free markets often lead to large wage differentials
Date posted:
July 4, 2018
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Answers (1)
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(Solved)
Analyse how an increase in supply in one market may impact upon other markets
Date posted:
July 4, 2018
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Answers (1)
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(Solved)
Explain what is shown by the demand curve for labour
Date posted:
July 4, 2018
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Answers (1)
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(Solved)
Explain what is meant by the basic economic problem.
Date posted:
July 4, 2018
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Answers (1)