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| Q. |
What is "immiserizing growth"? |
| A. | Export-biased growth that worsens terms of trade so that a country is worse off as a result. |
| B. | The specialization of low-income countries in production of low-wage products. |
| C. | Trade that hurts the poorest group of people. |
| D. | Improvement in a country's terms of trade at the expense of other countries. |
| Answer» A. Export-biased growth that worsens terms of trade so that a country is worse off as a result. | |
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