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Which of the following policies could a relatively poor developing country adopt

ID: 1144664 • Letter: W

Question

Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply. Prevent speculation by heavily taxing the sales of corporate stocks and bonds Establish and enforce strong property rights. Allow the government to make decisions about the economy's current production and investments for future production. Allow people and businesses to trade freely with foreign producers and consumers. Give inventors and authors exclusive, temporary rights to market and sell their creations.

Explanation / Answer

The correct answers are B,C,and E. These will be applicable to developing countries and their growth in the future.

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