Why are taxes as a percentage of GNP generally lower for LDCs than for DCs?

Question:

Why are taxes as a percentage of GNP generally lower for LDCs than for DCs?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economic Development

ISBN: 9781139334747

5th Edition

Authors: E Wayne Nafziger, E Wayne Nafziger Dr

Question Posted: