Which of the Following Is Required for a Country to Successfully

question 24

Multiple Choice

Which of the following is required for a country to successfully pursue an import-substitution strategy?

• A) Imposition of protective tariffs
• B) Policies to encourage foreign investment in order to facilitate rapid technology transfer
• C) A flexible exchange rate system
• D) A liberal immigration policy to increase the size of the labor force

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Definitions:

Personality Characteristics

Innate or acquired qualities that form an individual's distinctive character.

Continuum

A continuous sequence or range of values, elements, or conditions where there are no sudden jumps or discrete boundaries.

Cognitive Personality Psychologists

Psychologists who study how cognitive processes, such as perception, memory, and problem-solving, contribute to individual differences in personality.

Depressed

A mental health condition characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.