ECON 355
Final Exam
April, 1989
Instructor: Prof. D. DeVoretz
Dept. of Economics
Simon Fraser University
Instructions: Do both questions. You have
three hours.
50 pts.
- There exist two schools of
thought about poor countries participating in trade. One school argues
that trade is an engine of growth and others have argued that trade will
eventually retard the growth process. Carefully outline the necessary and
sufficient conditions for trade to enhance growth using one or more
countries as case studies. Next, indicate what the facts are for your
country in this debate and explain why your country has succeeded or not
in the trade arena.
50
pts.
- For your country describe how
each one of the forces have affected the development process in the recent
past i.e. last two decades:
- Demographic transition
process
- Green revolution
- Internal migration
For all of the above categories outline with the aid of
diagrams the theoretical arguments for how these processes will hasten
development. Next, provide facts to support your view that one or more of these
forces has/have been instrumental or detrimental in aiding development in your
country. Note if you lack information on any one topic for your country you may
quote examples from the textbook or lectures.