Question 1

Official development assistance (ODA) refers to:

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Question 2

Official development assistance (ODA) refers to:

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Question 3

The effectiveness of a development strategy is likely to depend on:

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Question 4

Compare import substitution industrialisation and export promotion as development strategies.

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Question 5

Multilateral development assistance, such as loans from the World Bank, differs from bilateral aid because it:

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Question 6

Explain two advantages of foreign direct investment (FDI) for a developing country.

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Question 7

Foreign direct investment (FDI) can promote development by:

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Question 8

Explain how microfinance can promote economic development in developing countries.

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Question 9

Explain why the effectiveness of development strategies may vary between countries.

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Question 10

Explain why good governance and strong institutions are important for the success of development strategies.

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Question 11

Distinguish between bilateral aid and multilateral aid.

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Question 12

Explain two benefits that trade liberalisation may bring to a developing country.

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Question 13

Import substitution industrialisation (ISI) is a development strategy in which:

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Question 14

Export promotion as a development strategy involves:

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Question 15

Trade liberalisation contributes to economic development by:

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Question 16

A disadvantage of import substitution industrialisation is that:

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Question 17

Explain how economic diversification can promote economic development.

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Question 18

Explain two disadvantages of foreign aid as a development strategy.

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Question 19

A potential disadvantage of foreign aid is that it may:

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Question 20

When evaluating development strategies, an important consideration is:

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

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