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Basic Question 4 of 8
Currency appreciation driven by strong export demand for resources makes other segment of the economy globally uncompetitive. This is known as:
B. Dutch disease.
C. currency curse.
A. resource curse.
B. Dutch disease.
C. currency curse.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
explain how natural resources affect economic growth and evaluate the argument that limited availability of natural resources constrains economic growth;
explain how demographics, immigration, and labor force participation affect the rate and sustainability of economic growth;
explain how investment in physical capital, human capital, and technological development affects economic growth;
CFA® 2025 Level II Curriculum, Volume 1, Module 9.