Multiple Choice
Which of the following is one of the advantages of export-oriented industrialization?
A) It overcomes the smallness of the domestic market and allows a developing nation to take advantage of economies of scale
B) Production of manufactured goods for export requires and stimulates efficiency throughout the economy
C) The expansion of manufactured exports is not limited by the growth of the domestic market
D) It is easier for developing nations to protect their domestic market against foreign competition
Correct Answer:
Verified
Correct Answer:
Verified
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