11.Which of the following is one of the most serious problems facing developing countries today?

A. Stark poverty

B. Unsustainable foreign debt

C. Rising trade protectionism in developed countries against imports from developing countries

D. All of the above

12. According to Table 11.6, in which region had low and middle income countries enjoyed the highest rate of economic growth over the period 1990-2017?

A. East Asia and Pacific

B. South Asia

C. Middle East and North Africa

D. Latin America and Caribbean

13. When a developing country faces a foreign debt crisis, as part of the debt renegotiation, it is often required by the IMF to

A. Cut inflation

B. Curb wage increases

C. Cut imports

D. All of the above

14.At which international trade gathering was there a successful reduction in trade restrictions and protectionism, averting a revival of inward-looking policies in developing countries?

A. Kennedy Round

B. Tokyo Round

C. Uruguay Round

D. Doha Round

15.Which of the following is NOT an objective of the Millennium Development Goals?

A. Achieving universal primary education

B. Reducing child mortality

C. Ensuring environmental sustainability

D. Removing agricultural subsidies in developed nations