Multiple Choice
General equilibrium considerations lead to the realization that import- substituting policies have the effect of
A) generating large tariff revenues for the government.
B) creating competitive manufacturing sectors.
C) encouraging exports.
D) discouraging exports.
E) encouraging an efficient use of a country's resources.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The HPAE (High Performance Asian Economies)countries<br>A)have all
Q4: Sophisticated theoretical arguments supporting import- substitution policies
Q5: China's recent experience supports the proposition that<br>A)"economic
Q6: The development of countries like South Korea
Q7: The imperfect capital market justification for infant
Q9: The disappointment with import- substitution policies is
Q10: Statistical evidence suggests that<br>A)import substituting policies tend
Q11: The infant industry argument calls for active
Q12: The remarkable success of the HPAEs proves
Q13: All of the following nations EXCEPT _