According to Rostow's development model, the process of development begins when
A) a high percentage of national wealth is allocated to nonproductive activities.
B) an elite group initiates innovative activities.
C) take-off industries achieve technical advances.
D) workers become more skilled and specialized.
E) banking institutions are sufficiently mature.
Question 2
Traditional barriers to international trade have included
A) low taxes on imports.
B) making domestic goods more expensive.
C) eliminating quotas on imports.
D) requiring licenses for importers.
E) strong domestic and international demand.
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