____ was a strategy for industrial development popular in Latin America in the 1950s 1 1960s for promoting domestic production by erecting high protective tariffs on imports of manufactured goods ?

Related Mcqs:

The market power effect of an international joint venture can lead to welfare losses for the domestic economy unless offset by cost reductions. Which type of cost reduction would not lead to offsetting welfare gains for the overall economy ?

A. R&D generating welfare improved technology B. development of more productive machinery C. new work rules promoting workers efficiency D. lower wages extracted from workers...

The migration of employable workers from low-paying nations to high-paying nations tends to decrease ?

A. total wage income in the world B. wage disparities C. business or capitalist income in the world D. the productivity of labor...

Multinational corporations ?

A. increase the transfer of technology between nations B. make it harder to nations to foster activities of comparative advantage C. always enjoy political harmony in nations where their subsidiaries operate D. require governmental subsidies in order to conduct worldwide operations...

Multinational corporations face problems since they ?

A. cannot benefit from the advantage of comparative advantage B. may raise political problems in countries where their subsidiaries operate C. can only invest at home but not overseas D. can only invest overseas but not at home...

Accusations of American labor unions against U.S multinational firms include all of the following except ?

A. enjoy unfair advantage in taxation B. export jobs by shifting technology overseas C. export jobs by shifting investment overseas D. operating at output levels where scale economies occur...