Multiple Choice
The remarkable success of the HPAEs proves that
A) dual economies must suffer economic stagnation.
B) high educational standards is the key to successful economic growth.
C) trade policy is irrelevant to successful economic growth.
D) trade policy is the key to successful economic growth.
E) trade policy can lead to a higher standard of living for developing countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The imperfect capital market justification for infant
Q8: General equilibrium considerations lead to the realization
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
Q13: All of the following nations EXCEPT _
Q14: The HPAE "economic miracle" illustrates a clear
Q15: Which industrialization policy used by developing countries
Q16: Import substitution policies make use of<br>A)production subsidies
Q17: Taiwan and South Korea are examples of