Multiple Choice
To help developing countries expand their industrial base,some industrial countries have reduced tariffs on designated manufactured imports from developing countries below the levels applied to imports from industrial countries.This policy is called
A) export-led growth.
B) generalized system of preferences.
C) Most Favored Nation.
D) reciprocal trade agreement.
E) outsourcing.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Historically those few developing countries which have
Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4546/.jpg" alt=" -Refer to above
Q18: Import substitution policies make use of<br>A) tariffs
Q21: Which industrialization policy used by developing countries
Q24: The disappointment with import-substitution policies is in
Q30: The consensus today is that import-substitution protectionist
Q33: The "East Asian Miracle" of the "Four
Q35: An efficient economy would set the marginal
Q38: Export-led growth tends to<br>A) discourage competition in
Q39: All the following nations except _ have