4021EconomicsMedium
Columbia’s Jagdish Bhagwati criticizes United States administrations inability to distinguish between benefits of free trade?
Aand MNC domination and its effects on income distribution
Band the dangers of a trade deficit
Cand the external openness of income growth among the poorest 40 percent of LDCs
Dand the dangers of free capital movements for LDCs with poorly developed financial institutions
Correct answer
D. and the dangers of free capital movements for LDCs with poorly developed financial institutions
Explanation
The correct answer is and the dangers of free capital movements for LDCs with poorly developed financial institutions.