Globalization and Economic Growth Globalization refers to a policy of increasing
ID: 1106458 • Letter: G
Question
Globalization and Economic Growth
Globalization refers to a policy of increasing the integration of countries in the world economy.For developing countries:
Opening the ______________________ to trade
Adopting ___________________________ policies
Adopting market-oriented industrial, ________________________, and __________ policies
Reducing ________________or regulations
Adopting labor and environmental policies
Critics of Globalization
Policies that attract investments are policies that encourage or permit _____________________________, _______________________, and ___________________________________ quality
Fiscal policies imposed by the IMF require countries to reduce or eliminate ___________, education, and ___________________________ programs
Policies imposed by the IMF and the WTO are _________________________
Suspicion that international organizations are controlled by multinational corporations
Agricultural Development
One of the most important stimulants to economic growth and increased employment in developing countries’ economies is increased ___________________________________.
Explanation / Answer
Opening the new market systems to trade
Adopting International trade policies
Adopting market oriented industrial, free market approaches, and FDI incentive policies
Reducing trade barriers or regulations
Adopting labour and enviornmental policies
Critics of globalisation
Policies that attract investments are policies that encourage financial incentives, fiscal incentives and improved infrastructure quality
Fiscal policies imposed by the IMF require countries to reduce or eliminate lower rate of education, and poverty reduction programs
policies imposed by the IMF and WTO are Economic related
Suspicion that international organisations are controlled by multinational corporations
Agricultural Development.
One of the most important stimulants to economic growth and increased employment in developing countries' economoies is increased productivity.
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