Developing countries often argue that their
A) efforts to industrialize are encouraged.
B) export prices and revenues are very stable.
C) terms of trade have improved over time.
D) efforts to industrialize are discouraged.

Question

Quizplus · Accepted Answer

Developing countries often argue that their efforts to industrialize are discouraged because they face various barriers such as limited access to advanced technology, lack of infrastructure, and unfavorable trade policies imposed by developed countries. This hinders their ability to compete in the global market and achieve economic growth.

Developing Countries Often Argue That Their