Export-Led Development Refers to Government Policies That Impose High Tariffs

question 5

True/False

Export-led development refers to government policies that impose high tariffs and quotas on imports from the developed world.

---

Definitions:

Republican Press

The segment of the media historically aligned with or supportive of the Republican Party and its policies in the United States.

Alexander Hamilton

A Founding Father of the United States, first Secretary of the Treasury, and key figure in the establishment of the national financial system.

Marbury v. Madison

The 1803 Supreme Court case that established the principle of judicial review in the United States, allowing courts to strike down laws, statutes, and some government actions that violate the Constitution.

Judicial Review

The principle that allows courts, especially the Supreme Court, to review and possibly invalidate legislation and government actions deemed inconsistent with the constitution.