Highly indebted poor countries (HIPCs) can bootstrap themselves out of

QUESTION

Highly indebted poor countries (HIPCs) can bootstrap themselves out of poverty by pursuing retaliatory trade policies rather than free trade policies.

Indicate whether the statement is true or false.

 

ANSWER

FALSE
Free trade alone, some argue, is a necessary but not sufficient prerequisite to help HIPCs bootstrap themselves out of poverty.

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