Reference no: EM133065016

Does the welfare policy reduce poverty? What types of welfare programs are available in California?

1. You are a lobbyist hired by a less developed country to try to prevent a developed country from increasing trade barriers against labor-intensive manufactured imports such as textiles. Make your case, arguing from both developed and developing country perspectives, in terms of who gains and who loses.

2. Provide a concise statement about the relationship between a developing country's emphasis on the export of traditional commodities and: (a) export earnings stability; (b) comparative advantage; (c) terms of trade.

3. In the North-South model, how are "basic factors" distinguished from "advanced factors," and what are the implications for growth and development possibilities?

4. Explain briefly the vent-for-surplus theory of international trade. What is the relevance of this theory to the current development experience of low-income economies?

5. State three country characteristics that encourage and three that discourage economic integration among developing countries.