Statistical Evidence Suggests That

question 10

Multiple Choice

Statistical evidence suggests that

• A)import substituting policies tend to promote effective exploitation of scale economies.
• B)free trade policies promote economic growth more effectively than do import substitution policies.
• C)import substitution tends to lead to relatively low effective rates of protection.
• D)import substitution is to this day the preferred growth strategy promoted by the World Bank.
• E)import substitution proved to be the most effective aid for developing countries before 1970.

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Definitions:

Fuller Explanation

A comprehensive and detailed description or clarification.

Black And White

Thinking or situations characterized by clear, strict distinctions between options, with no acknowledgment of complexity or grey areas.

Infographic

An informative graphic combining statistics, text, color, and visuals.

Quantitative Data

Information that can be measured and written down with numbers.