Author Question: Export-led growth tends to A) discourage competition in the global economy. B) exploit domestic ... (Read 105 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
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.

Question 2

In the year 2012, Shinzo Abe became prime minister of Japan, promising bold policies to improve Japan's economy. What was the focus of his policies and how did they affect Japan's trade position?
 
  What will be an ideal response?



Christopher

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

B

Answer to Question 2

What has been called Abenomics involved monetary policies designed to reduce the value of the Japanese Yen relative to other currencies. This resulted in increased exports and reduced imports, strengthening the Japanese economy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library