Author Question: Suppose a developing country wants to use the policy of import substitution to promote ... (Read 87 times)

jhjkgdfhk · **on:** Jul 8, 2018

Suppose a developing country wants to use the policy of import substitution to promote industrialization. Which of the following would most directly undermine that policy?

. An increase in brain drain
b. Greater economic inequality
c. Volatility in foreign investment levels
d. Increased government spending on education

Question 2

During the economic crisis in Greece, job prospects were so poor that tens of thousands of Greeks left the country to pursue opportunities elsewhere. This phenomenon is known as _______.

a. brain drain
b. offshoring
c. outsourcing
d. privatization