Multiple Choice
What impact does import substitution have on the balance of payments?
A) Negative, balance of payments can deteriorate.
B) Positive, balance of payments can improve.
C) None, balance of payments does not change.
D) Unpredictable, impact depends on the circumstances and imports.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: The export led growth countries pursued a
Q40: In the second half of the twentieth
Q41: Dividing the overall annual income of a
Q42: A more recent development strategy is called
Q43: Defining poverty as having a comparatively low
Q45: Although state planning increased production, the failure
Q46: How do network effects benefit established businesses?<br>A)
Q48: In recent decades, the World Bank shifted
Q49: The Gender Development Index, published by the
Q56: Which of the following statements is false?<br>A)There