A policy of developing local industries that can compete with imports is referred to as ?

Related Mcqs:

The main reason why land reform increase agricultural output is that is ?

A. encourages mechanization B. allows the farmers to set the prices for their agricultural products C. enables farmers to escape the problem of diminishing return D. makes farmers owners of the land instead of tenants and owners’ farmers are more productive than tenant farmers...

When economists say that developing countries have a dualistic economy the 2 parts referred to are ?

A. modern sector and traditional sector B. town and country C. men and women D. rich people and poor people...

Most of the Third World/Fourth World debt was incurred in ?

A. The colonial period B. The early 1950s C. most debt was incurred during the oil shocks of the 1970s D. the early 1960s...

Structuralist economists who study developing countries focus their attention on ?

A. changes in industrial structure over time B. specific barriers to development and how to overcome them C. The impact of international trade structures on developing countries D. the caste of class structure and discrimination in the labor market...

An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?

A. debt rescheduling agreement B. debt service agreement C. program for growth D. stabilization program...