Relationships Between Countries at Different Levels of Development

Globalisation will have an equally beneficial effect on the standard of living in both high-income and low-income countries.

Evaluate this statement.

Evaluate whether the presence of multinational companies (MNCs) in low-income countries is always beneficial.

Between 2010 and 2020, very low interest rates encouraged low-income countries to borrow money from foreign investors and governments to finance long-term economic growth.

Evaluate this approach to promoting long-term economic growth.

To what extent do you agree that an increase in productivity will lead to a higher standard of living in low-income countries?

To what extent do you agree that an increase in productivity will lead to a higher standard of living in low-income countries?

To what extent do you agree with the view that globalisation benefits high-income countries at the expense of low-income countries?

The presence of multinational corporations (MNCs) in a low-income country always promotes economic growth in that country.

Evaluate this statement.

Assess the impact of international aid on the standard of living in low-income countries.

Many developing countries rely heavily on the production and export of primary products. This is the main cause of low levels of economic growth in developing countries and therefore the main explanation for the low standard of living in these countries.

Discuss the extent to which you agree with this statement.

Discuss the ability of multinational corporations to increase living standards in their home country and the other countries in which they operate.