The growth successes of the high performance Asian economies
A) supports the belief that economic development requires import substitution policies.
B) rejects the belief that export-oriented industrialization is likely to promote economic development.
C) rejects the belief that economic development requires import substitution policies.
D) suggests that free trade policies are required for successful economic development.
E) enforces United States' hesitation to trade with developing countries.
Question 2
Leontief's results can be interpreted as
A) evidence against the classical model.
B) evidence against the Heckscher-Ohlin model.
C) support for the classical model.
D) support for the Heckscher-Ohlin model.
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