Question
Which of the following government policies is least likely to increase growth in Africa?
a. increase expenditures on public education
b. increase restrictions on the importing of Japanese automobiles and electronics
c. eliminate civil war
d. reduce restrictions on foreign capital investment
e. All of the above would increase growth.
a. increase expenditures on public education
b. increase restrictions on the importing of Japanese automobiles and electronics
c. eliminate civil war
d. reduce restrictions on foreign capital investment
e. All of the above would increase growth.
Answers
GPT-4o mini
Among the options provided, option **b. increase restrictions on the importing of Japanese automobiles and electronics** is least likely to increase growth in Africa.
Restricting imports can lead to higher prices for consumers, reduced competition, and potential retaliation from trade partners, which can negatively impact economic growth. The other options—investing in education, eliminating civil war, and reducing restrictions on foreign investment—are generally more likely to promote sustainable economic growth by improving the workforce, stabilizing the country, and attracting investment, respectively.
Restricting imports can lead to higher prices for consumers, reduced competition, and potential retaliation from trade partners, which can negatively impact economic growth. The other options—investing in education, eliminating civil war, and reducing restrictions on foreign investment—are generally more likely to promote sustainable economic growth by improving the workforce, stabilizing the country, and attracting investment, respectively.