A government in a low-income developing nation is designing a structural adjustment programme to stimulate economic growth and development. Which of the following policy combinations consists solely of market-based development strategies?
Nationalising natural resource extraction, reducing capital controls, and subsidising infant industries
Implementing agricultural price-support schemes, commercial microfinance expansion, and state-funded primary education
Floating the exchange rate, removing import tariffs, and deregulating the domestic financial sector
Establishing a managed exchange rate, introducing a national minimum wage, and privatising state telecommunications
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.