Economics · International Economics & Growth Theories
Which of the following statements regarding the concept of Immiserizing Growth is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1This phenomenon is a common occurrence in small, price-taking nations that do not influence global market prices.✓
- 2The welfare loss is caused by a severe deterioration in the nation's terms of trade during export-biased growth.
- 3It describes a situation where economic growth leads to a net reduction in a country's welfare.
- 4The concept was pioneered and formulated by the economist Jagdish Bhagwati.
Correct answer
This phenomenon is a common occurrence in small, price-taking nations that do not influence global market prices.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice International Economics & Growth Theories MCQs →Want more practice questions on International Economics & Growth Theories?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · International Economics & Growth Theories