Multiple Choice
Which of the following has not been proposed as a rationale for promoting import substitution?
A) The Prebisch-Singer hypothesis
B) The belief that technological progress occurs mainly in manufacturing
C) The infant industry argument
D) The idea that imports can be a source of TFP growth
E) The fear that reliance on imports makes the economy vulnerable to external forces
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Which of the following has not been
Q9: Trade liberalization<br>A) reduces poverty wherever it increases
Q10: Foreign Direct Investment (FDI) is defined as<br>A)
Q11: In general Globalization has resulted in<br>A) Increased
Q12: Regressing GDP per capita on a measure
Q14: Which of the following is not alleged
Q15: Which is not generally true of Foreign
Q16: In a global environment,governments may need to
Q17: Over the past century,the pace of world
Q18: Which of the following is not an