Multiple Choice
Export-led growth tends to
A) discourage competition in the global economy.
B) exploit domestic comparative advantages.
C) lead to unemployment among domestic workers.
D) help firms benefit from diseconomies of large-scale production.
E) lower the overall volume of imports.
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
Q15: Which of the following could explain why
Q18: Import substitution policies make use of<br>A) tariffs
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
Q37: To help developing countries expand their industrial
Q39: All the following nations except _ have