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Promoting Economic Growth and Development (id: fd33fd23e)

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admin 发表于 2024-7-27 15:07:01 | 显示全部楼层 |阅读模式
本题目来源于试卷: Promoting Economic Growth and Development,类别为 IB经济学

[单选题]
Select from the choices below li ;14fdkiw.fthe reason(s)-9 /sg ur0asvd why primary product dependency contributes to developmea 0usvd-gs9/r nt problems in economically least developed countries (ELDCs):

I. Primary exports' average price diverges from imports' average price.
II. Primary export prices are highly volatile.
III. Primary export revenue growth can harm other sectors' competitiveness.
IV. Surging export revenues can cause political instability.

A. I and III only
B. II and IV only
C. III and IV only
D. I, II, III, and IV


参考答案:  D


本题详细解析:
D
(I) Price divergence between exports and imports may cause potential balance of payments problems.
(II) Price volatility for primary commodities contributes to economic instability in terms of greater income risks for individual farmers and governments.
(III) Primary export revenues may cause the domestic currency to appreciate, making other exports less competitive.
(IV) The allocation of windfall incomes can cause conflict and political instability in resource-rich countries by exacerbating issues related to poor governance and dependence on primary commodities.

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