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To Follow an Outward-Oriented Strategy, a Country That Has Scarce

Question 101

Multiple Choice

To follow an outward-oriented strategy, a country that has scarce natural resources and abundant labor supplies should _____.


A) export primary goods and import manufactured products
B) export manufactured goods and impose import restrictions on primary goods
C) export both primary and manufactured products
D) export primary goods and impose trade restrictions on manufactured goods
E) export manufactured products and import primary goods

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