Which Industrialization Policy Used by Developing Countries Places Emphasis on the Comparative
Multiple Choice
Which industrialization policy used by developing countries places emphasis on the comparative advantage principle as a guide to resource allocation?
A) international commodity agreements
B) Infant Industry promotion
C) import substitution
D) intra- industry trade practice
E) export promotion
Correct Answer:

Verified
Correct Answer:
Verified
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 _
Q14: The HPAE "economic miracle" illustrates a clear
Q16: Import substitution policies make use of<br>A)production subsidies
Q17: Taiwan and South Korea are examples of
Q18: The "East Asian Miracle" is<br>A)the fact that
Q19: The infant industry argument was an important
Q20: Growth rates in Brazil and other Latin