MCQOPTIONS
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| 1. |
Columbia’s Jagdish Bhagwati criticizes United States administrations inability to distinguish between benefits of free trade ? |
| A. | and the dangers of free capital movements for LDCs with poorly developed financial institutions |
| B. | and the dangers of a trade deficit |
| C. | and the external openness of income growth among the poorest 40 percent of LDCs |
| D. | and MNC domination and its effects on income distribution |
| Answer» B. and the dangers of a trade deficit | |