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Development Economics
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Jagdish N. Bhagwati
» Jagdish N. Bhagwati - Practice Questions
Jagdish N. Bhagwati - Practice Questions
1. Jagdish Bhagwati discussed the idea of DUP (Directly Unproductive Profit-seeking activities) is more commonly known as:
*
rent-seeking
profit pursuit
economic espionage
2. Jagdish Bhagwati wrote that free capital movement:
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may cause economic instability and financial crisis in developing countries
would only benefit countries with already developed service sectors
has led to some of the most profound economic growth in the past 100 years
