Which of the Following Statements Describes the Success of Import

question 38

Multiple Choice

Which of the following statements describes the success of import substitution?

• A) Approval from the World Trade Organization is required in order for import substitution to be successful.
• B) Import substitution has been successful for the great majority of countries.
• C) Import substitution is generally unsuccessful in the real world.
• D) Import substitution is typically more successful than clustering, but less successful than export-led growth.

---

Definitions:

Open Floor Plan

A layout in buildings, particularly homes, where multiple common areas such as living room, dining room, and kitchen share a large, open space without partition walls.

Productivity

The efficiency at which individuals, companies, or economies produce goods or services, often measured by the output per unit of input.

Evaluation Apprehension

The fear or anxiety individuals experience when they know they are being assessed or judged by others.

Social Facilitation

The tendency for people to perform better on simple tasks, or worse on complex tasks, when in the presence of others.