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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:

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

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.