Which situation best describes resource curse

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1) Enforcing contracts, protecting property rights, and establishing a uniform currency are examples of how:

A) market economies help states to function

B) markets are managed by the central bank

C) states help market economies to function

D) states limit the growth of market economies

E) states enforce global economic policies

2) Which situation best describes a resource curse?

A) Botswana's diamond mining preventing the establishment of diversified agriculture and manufacturing

B) Haitian people suffering because of a lack of resources to meet the population's needs

C) American farmers producing more grain than can be consumed

D) Sweden's generous welfare policies negatively impacting its government's budget

E) Japan's declining work force limiting the country's economic expansion

Reference no: EM131444353

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