Unit 4: The Global Economy

Topic 4.10: Economic Growth and/or Economic Development Strategies Questions

Practice 20 exam-style questions for IB Economics Topic 4.10. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.

11 mark
Official development assistance (ODA) refers to:
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21 mark
Official development assistance (ODA) refers to:
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31 mark
A potential disadvantage of foreign aid is that it may:
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41 mark
Export promotion as a development strategy involves:
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51 mark
A disadvantage of import substitution industrialisation is that:
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61 mark
A disadvantage of import substitution industrialisation is that:
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71 mark
A potential disadvantage of foreign aid is that it may:
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81 mark
Import substitution industrialisation (ISI) is a development strategy in which:
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91 mark
Foreign direct investment (FDI) can promote development by:
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101 mark
Multilateral development assistance, such as loans from the World Bank, differs from bilateral aid because it:
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111 mark
Trade liberalisation contributes to economic development by:
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121 mark
When evaluating development strategies, an important consideration is:
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131 mark
The effectiveness of a development strategy is likely to depend on:
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141 mark
One reason why there is no single development strategy that works for all countries is that:
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154 marks
Compare import substitution industrialisation and export promotion as development strategies.
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161 mark
Trade liberalisation contributes to economic development by:
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174 marks
Compare import substitution industrialisation and export promotion as development strategies.
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181 mark
Import substitution industrialisation (ISI) is a development strategy in which:
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191 mark
Export promotion as a development strategy involves:
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204 marks
Explain how economic diversification can promote economic development.
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