Firms and market increase the wealth of poor countries

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Should poorer 1rd World nations refuse "models based on economic laws" of universal validity and there are no universal laws. Describe if you agree. Describe what laws would not apply to poorer nations? Should every nation be democratic and free? Which universal human rights should no government or citizen violate? The right of free speech, religious conscience, or a fair trial? Should property rights be enforced everywhere? If so, how? Is poorer countries show how "different" than wealthy countries? How can firms and market increase the wealth of poor countries? How would one or two of the Ten Principles of Economics apply to this situation?

Reference no: EM1375864

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