Social Studies, 28.11.2019 20:31 zoeybuch5

Suppose you are discussing global trade with a friend who insists a country would be better off by restricting trade and investment with other countries. which of the following economic responses would be the most logical for your discussion?
a. i am not sure i agree. countries that allow more globalization have experienced higher rates of economic growth and typically can utilize greater levels of foreign direct investment to increase economic growth.
b. i am in agreement with you. global trade doesn't seem to matter to growth rates and counties have greater economic growth when their growth comes from domestic investment.
c. i am not sure i agree. low income countries usually have high levels of foreign direct investment which means they will eventually experience high levels of economic growth.
d. i am in agreement with you. most low income counties allow high levels of trade with other countries. they experience high levels of trade but do not experience high rates of economic growth.

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