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Which of the Following Is True of the International Trade

Question 24

Multiple Choice

Which of the following is true of the international trade approach to development?


A) A country can develop by concentrating scarce resources on expansion of its distinctive local industries.
B) Belonging to international organizations is the overriding principle for the country.
C) Good governance is considered the principal mode of operation.
D) Businesses pay no taxes so they can export to bring in foreign exchange.
E) Businesses are not allowed to locate in some areas, in order to allow those areas to provide labor for industries.

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