Multiple Choice
Export-led development refers to ________.
A) a country's efforts to promote its exports in order to reduce its trade deficits
B) a policy to promote domestic production of goods that would otherwise be imported
C) a program to promote industries with export potential
D) decreases in infrastructure development due to the loss of revenue from export tariffs
Correct Answer:

Verified
Correct Answer:
Verified
Q7: A problem that can arise in using
Q8: What is dumping? What are the possible
Q9: The lowering of a foreign producer's price
Q10: The most common type of tariff is
Q11: In addition to protection, tariffs serve to
Q13: In most cases, trade protectionism makes it
Q14: Most countries have agreed on how to
Q15: Which of the following is a problem
Q16: Companies that have integrated their supply chains
Q17: Import substitution is a program promoting local