This topic contains a solution. Click here to go to the answer

Author Question: When a developing country relies on export promotion, a. it concentrates on producing for its ... (Read 66 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
When a developing country relies on export promotion,
 a. it concentrates on producing for its domestic market
  b. it builds its technological and educational base and then can make more complex products for export
  c. domestic producers have sufficient protection that they can afford to become inefficient
  d. its government must intervene more in markets
  e. None of the answers is correct

Question 2

When a developing country relies on import substitution,
 a. it sacrifices the gains from specialization and comparative advantage
  b. replaces low-cost foreign goods with high-cost domestic goods
  c. domestic producers, shielded from foreign competition, usually fail to become efficient
  d. other countries often retaliate with their own trade restrictions
  e. All of the answers are correct



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

E




urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Jun 30, 2018
Gracias!


momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

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?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library