Free trade alone, some argue, is a necessary but not sufficient prerequisite to

Question

Free trade alone, some argue, is a necessary but not sufficient prerequisite to help "highly indebted poorer countries" (HIPCs) bootstrap themselves out of poverty. They also recommend implementing Select one: A. a highly regulated command economy. B. weaker property rights laws. C. large-scale debt relief. D. rapid expansion in population. E. weaker labor regulations. Free trade alone, some argue, is a necessary but not sufficient prerequisite to help "highly indebted poorer countries" (HIPCs) bootstrap themselves out of poverty. They also recommend implementing Select one: A. a highly regulated command economy. B. weaker property rights laws. C. large-scale debt relief. D. rapid expansion in population. E. weaker labor regulations. Free trade alone, some argue, is a necessary but not sufficient prerequisite to help "highly indebted poorer countries" (HIPCs) bootstrap themselves out of poverty. They also recommend implementing Select one: A. a highly regulated command economy. B. weaker property rights laws. C. large-scale debt relief. D. rapid expansion in population. E. weaker labor regulations.

Explanation / Answer

It is true that the free trade alone would not be sufficient prerequisite to help highly indebted poorer countries to bootstrap themselves out of poverty, there is also need to provide them with large scale debt relief as this can help them to restructure their economy and start their progress.

Therefore, the correct answer is Option C

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