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.
Skin of an African (left) and Asian (right) elephant.
Countries of Origin of Asian Americans
Role of Productivity in Determining Growth, 1975–2009
economic question
economic question
High in the Andes, a scientist measures the stride of a carnivorous dinosaur