LAUSD Schoology Login X S ECONOMICS: TERM AF- PERIOD X Module 57: Economic Issues in D > C Ims.lausd.net/apps/2057244794/run/course/6026833050 # Home e > ECONOMICS: Chrome - MODULE 57 REVIEW AND ASSESSMENT 0 X A highschool.bfwpub.com/launchpad/explorationsineconomics1e/20090783/Home#/launchpad/item/module_pdx_explorationsineconomics 1e_19/explorationsineconomic. Analyze and Explain: Determine if the event described in each of the following situations would lead toward income convergence or away from income convergence in a developing country. TOWARD OR AWAY FROM? 1. the flight of capital from areas of political unrest and economic uncertainty 2. the flow of financial and physical capital from high-income countries to low-income countries 3. the expansion of multinational corporations from high-income countries to low-income countries 4. Weak enforcement of laws to protect property, writings, ideas, and inventions results in weak response to development requests. 5. high and increasing external debt in the O developing country 6. expanding trade and allowing countries to take advantage of specialization, especially in the areas of capital-intensive and labor-intensive production IN 7. Farm subsidies worldwide interfere with the market and put unsubsidized farmers at a disadvantage. R 8. rapid population growth and associated shortfalls in ( - ) food, housing, health care, and education in the developing country m 9. a move toward political stability and rule of law in the developing country t 10. high literacy rates in the developing country