It is well known that if ${\bf T_2}$ (or $I\Delta_0+\Omega_1$) is finitely axiomatizable, then the Polynomial Hierarchy collapses.

> Q. Is there any similar relation between $I\Delta_0$ and Linear Time Hierarchy?

**Edit: related questions**

> Q'. Why standard proof (like corollary 4.39 in chapter V of Metamathematics of first-order arithmetic) of 

> Finite axiomatizability of ${\bf T_2}$ $\Rightarrow$ PH collapse.

> does not work for proving
 
> Finite axiomatizability of ${\bf {\bf I}\Delta_0}$ $\Rightarrow$ LiH collapse ?

**Relativized Case**

> Q''. Is there any oracle $\alpha$ with following properties?

> I. $\mathbb{N} \models$ "LiH($\alpha$) does not colapse",

> II. ${\bf I}\Delta_0(\alpha)$ is finitly axiomatizable.
 
Thanks in advance.