A policy of developing local industries that can compete with imports – McqOptions

MCQOPTIONS

1.	A policy of developing local industries that can compete with imports is referred to as ?
A.	export promotion
B.	industrial promotion
C.	import substitution
D.	unbalanced growth
Answer» D. unbalanced growth

Discussion

No Comment Found

Related MCQs

Which of the following is NOT one of the problems facing most developing nations ?
Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?
When economists talk about developing countries experiencing flight of capital they mean?
When economists say that developing countries have a dualistic economy the 2 parts referred to are ?
The term Fourth World has been coined to describe ?
The policy that has been the most successful in increasing agricultural output in developing countries is ?
The main reason why land reform increase agricultural output is that is ?
The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?
The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?
One of the benefits of putting resources into agricultural projects is that ?