Multiple Choice
Which are is not an advantage of export-oriented industrialization?
A) It overcomes the smallness of the domestic market and allows developing nations to take advantage of economies of scale
B) domestic industries grow accustomed to protection and have an incentive to become more efficient
C) production of manufactured goods for export requires and stimulates efficiency throughout the economy
D) the expansion of manufactured exports is not limited by the size of the domestic market
Correct Answer:

Verified
Correct Answer:
Verified
Q5: MacBean found that the export instability faced
Q6: Which of the following is false with
Q7: Trade cannot be an engine of growth
Q8: The nation's commodity terms of trade times
Q9: Those nations that liberalized trade during the
Q11: The policy of import substitution was most
Q12: If the price of a nation's exports
Q13: According to Nurkse,international trade was an engine
Q14: Which of the following is not part
Q15: Developing nations often experience wildly fluctuating export