What are the restrictions of dependency theory, Business Economics

Assignment Help:

What are the restrictions of dependency theory?

The restrictions of dependency theory:

• Self sufficiency and import-substitution strategy mean the advantages of International trade are lost and welfare decreased;

• Arrangement leads to government failure;

• Lack of competition leads to decreased consumer choice and market failure.


Related Discussions:- What are the restrictions of dependency theory

Sports Economics , I am given that demand formula P=150-3Q, am told I only ...

I am given that demand formula P=150-3Q, am told I only have 40 tickets to sell and that the MC=0 and I am suppose to figured out how many tickets to sell to maximize total welfare

Economic theory, How does economic theory contributes to managerial decisio...

How does economic theory contributes to managerial decisions?

Draw a supply or demand diagram, Draw a Supply or Demand Diagram A) Supp...

Draw a Supply or Demand Diagram A) Suppose that several months of data showed the CPI increasing at a 4.5% annual rate due  largely to increases in the price of energy and food

What is effectiveness of international monetary fund, What is effectiveness...

What is effectiveness of International Monetary Fund, in the promotion of development? Effectiveness of International Monetary Fund, in the promotion of development: Interna

Inflation, how does the effect of inflation affect the spending ability of ...

how does the effect of inflation affect the spending ability of fixed income earners

Define the using influences of contract staff for is project, Define the us...

Define the using influences of contract staff for IS project. Use of contract staff: Such are frequently an unknown quantity.  It is reasonable to assume that people who

Location, advantages of government grants

advantages of government grants

Why is debt management difficult in less developed countries, Why is debt m...

Why is debt management difficult in Less Developed Countries? One of the biggest challenges facing Less Developed Countries debt management is making sure $ interest payments c

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd