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What is one way that underdeveloped nations can increase growth in Gross Domestic Product?
Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
What else can I help you with?
As previously underdeveloped nations begin to compete in the global market, which of the following has occurred?
increase in energy usage, causing higher prices
When As previously underdeveloped nations begin to compete in the global market has occurred?
There's been an increase in energy usage, causing higher prices
Does Austria has a gdp?
Yes. GDP stands for Gross Domestic Product, all nations have a GDP
Why is africa a underdeveloped country?
Africa is not a country, but a Continent and is comprised of many different nations. Some are underdeveloped while others are not.
What happens if a nations population grows more quickly than gross domestic product?
There will be economic decline
What have many economists determined are the results to an underdeveloped when direct foreign investments are directed to developing high technology products?
Economic studies have determined that direct foreign investments in underdeveloped nations towards creating a higher level of technology have not significantly affected either domestic innovation or imitation within the poorer nation's economy.
What is the name of the encyclical in which pope paul VI urged developed nations to help underdeveloped nations?
It was pope pias XI
What is the difference between a developed and an underdeveloped nation?
Developed nations have a high standard of living, advanced infrastructure, and a strong economy, while underdeveloped nations often face poverty, inadequate infrastructure, and limited access to resources and services. Developed nations typically have higher levels of education, healthcare, and technology, while underdeveloped nations may struggle with issues like food insecurity, low life expectancy, and political instability.
What is the difference between developed nations policy and underdeveloped countries policy?
the ability to organize.
What is one measure of how much a value a nations economy generates compared to the size of its population?
Per capita gross domestic product
What is one measure of how much value a nations economy generates compared to the size of its population?
Per capita gross domestic product
What is a nation's gross domestic product?
Gross domestic product or GDP is a valuable summation of nations economic productivity. The simple formula for deriving GDP is adding a nation's total currency value of consumption, investment, government expenditures and net exports together.
