In the essay by Professors D. Acemoglu and J. Robinson entitled, So Close and Yet so
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Question:
In the essay by Professors D. Acemoglu and J. Robinson entitled, "So Close and Yet so Different: The Economics of the Rio Grande" they point out that a prime reason for the drastically different standards of living across the USA and Mexico border arises from:
A. | Mexico has fewer natural resources than the USA. | |
B. | Mexico has not enough inflation to fully employ unemployed workers. | |
C. | Mexico was robbed of its wealth by the Conquistadores of the 1500's. | |
D. | Mexico is overpopulated and needs central planning by government to grow the economy. | |
E. | None of the above. |
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