Import substitution is an example of ?

Related Mcqs:

To be considered a a good candidate for an export cartel, a commodity should ?

A. be a manufactured goods B. be a primary product C. have high price elasticity of supply D. have a low price elasticity of demand...

To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?

A. international commodity agreements program B. multilateral contract program C. generalized system of preferences program D. export-led growth program...

The OPEC oil cartel ?

A. has shown that is easy to achieve cooperation among cartel members B. was successful in raising oil prices in the 1970s but was disbanded in the 1980s C. has shown greater success in realizing profits during periods of global recession D. has had a level of success in raising oil prices that other developing … The OPEC oil cartel ?Read More...

Which of the following organizations primarily provides long-term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads ?

A. World Bank B. International Monetary Fund C. Council on Foreign Relations D. Organization of petroleum Exporting Countries...

Because supply and demand conditions for primary products are very price inelastic their prices ?

A. have been steadily rising in recent decades B. have been more stable than the prices of manufactured goods C. fluctuate about as much as the prices of manufactured goods D. tend to be very unstable from year to year...