How might a developing countrys decision to reduce trade

Reference no: EM133287158

Question 1. Much developing-country borrowing during the 1970s was carried out by state-owned companies. In some of these countries, there have been moves to privatize the economy by selling state companies to private owners. Would the countries have borrowed more or less if their economies had been privatized earlier?

Question 2. How might a developing country's decision to reduce trade restrictions such as import tariffs affect its ability to borrow in the world capital market?

Reference no: EM133287158

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