A foreign aid donor has provided technology to help farmers in an undeveloped country to be more productive. If that country’s government reacts to political pressure by urban food consumers by imposing price ceilings on farm products,
A. foreign investors will be more likely to provide funds for profitable activities.
B. it will create a reasonably stable market-oriented macroeconomic climate.
C. it will prove technologically disconnected countries need a full economic growth agenda.
D. the farmers receiving the technology will still be unable to make a living.
Answer:D
A foreign aid donor has provided technology to help farmers in an undeveloped country to be more productive. If that country’s government reacts to political pressure by urban food consumers by imposing price ceilings on farm products,
A. foreign investors will be more likely to provide funds for profitable activities. B. it will create a reasonably stable market-oriented macroeconomic climate. C. it will prove technologically disconnected countries need a full economic growth agenda. D. the farmers receiving the technology will still be unable to make a living.
Explanation: Type: Multiple Choice