Can less developed countries economies grow, Business Economics

Can less developed countries economies grow by developing services as tourism?

Less developed countries economies grow by developing services as tourism when:

The less developed countries have a comparative advantage within the service industry chosen for example Ghana has an inexpensive and well-educated workforce and procedures claims, for a US insurance company into the USA through satellite.

Posted Date: 8/30/2013 7:28:42 AM | Location : United States







Related Discussions:- Can less developed countries economies grow, Assignment Help, Ask Question on Can less developed countries economies grow, Get Answer, Expert's Help, Can less developed countries economies grow Discussions

Write discussion on Can less developed countries economies grow
Your posts are moderated
Related Questions
Explain about the term end stage assessment in project management methods. End stage assessment: At the end of every stage of a project, the project manager is needed to

What is the Infant Industry argument? Several governments seek to protect involving industries by premature competition. Infant industries have potential comparative benefit b

In a model where a continuum of individuals have preferences for consumption and leisure as follows w i = c i + ln(x i ) and individuals differ in their labour endowments e

state the demand theory.

Problem: (a) What do you meant by the term "Outsourcing"? (b) Outsourcing services will be categorized into two groups namely Technology Services and Business Processes.

Please comment on the following statement. True, False, or Uncertain: If an investor believes that the total valuation of a company is higher than the post-transaction valuation fo

What are the requirements of national figure to adjusting? National figures first require adjusting: • For population: Dividing Gross Domestic Product (GDP) by total populat

How can be comparative advantage improved? Comparative advantage can be gained or improved through: • Investment during the education and also in training • Investment wi

What are the assumptions of Lewis? LDCs (Less Developed Countries) have two (dual) economies as: • Rural traditional economic and social practices, which overpopulated, s

QUESTION 1 (a) Explain clearly the various sources of Industrial Law (b) The mutual consent of the contracting parties is required for a contract of employment to be valid, but