Countries that pursued (outward) export-oriented policies in the 20th centuryQuestion 20Answera.All of them are correct.b.include Hong Kong, Singapore, South Korea, and Taiwan.c.experienced higher levels of political instability than did countries that pursued inward-oriented policies.d.experienced lower rates of economic growth than did countries that pursued inward-oriented policies.

Hong Kong and South Korea are examples of developing nations that had pursued __________ industrialization policies during 60s and 70s: Question 5Answera.commercial dumpingb.import promotionc.export orientedd.import substitution

Intra-industry trade will tend to dominate trade flows when which of the following exists?A) large differences between relative country factor availabilitiesB) small differences between relative country factor availabilitiesC) uneven distribution of abundant resources between two countriesD) homogeneous products that cannot be differentiatedE) constant cost industries

Which option did not have benefit from large economiesA.export to other countryB.More investment opportunity C.Cultural ErosionD.Large military expenditure

What does a policy of export-oriented industrialization encourage most?Group of answer choicesthe consumption of high-tech foreign exports to fuel domestic industrializationmanufacturing for foreign consumption to promote domestic economic developmenteconomic development by way of foreign direct investmentdeveloped countries to reduce tariff barriers on developing countries’ exports

From the following list, select all the statements that applied to global trade arrangements in the 1930s.Multiple select question.Trade arrangements during the decade made most industrialized countries worse off.Trade arrangements during the decade made most industrialized countries better off.Governments in most industrialized countries raised tariffs.Most industrialized countries faced drops in output and employment.