Which of the Following Was NOT Part of Southeast Asia's

question 220

Multiple Choice

Which of the following was NOT part of Southeast Asia's plan for economic development from the 1960s through the 1990s?

• A) the creation of state-aided market economies
• B) limitations placed on foreign investment
• C) import-substitution strategies
• D) a strategy of export-led growth

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Definitions:

Supply-Siders

Advocates of the economic theory that reducing taxes and regulations on businesses stimulates production and economic growth.

Rational Expectationists

Economists who believe that individuals and firms use all available information when making economic decisions, leading to outcomes that can be anticipated based on past trends.

Fiscal Policy

Government policies on taxation and spending that are used to influence the economy.

Stabilization Policies

Economic strategies and actions taken by governments or monetary authorities to stabilize the economy, aiming to reduce fluctuations in the business cycle.