Export-Led Growth Policy Involves

question 45

Multiple Choice

Export-led growth policy involves:

• A) favoring industries that export goods over those that only produce domestically consumed goods.
• B) investing heavily in industry through tax breaks and export subsidies, with the aim of selling goods around the world.
• C) encouraging private investment in industries that currently export goods, rather than those expanding domestically.
• D) discouraging imports with high tariffs.

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Definitions:

Genocide

The physical extermination of one people by another, either as a deliberate act or as the accidental outcome of activities carried out by one people with little regard for their impact on others.

Adjudication

The legal process by which an arbiter or judge reviews evidence and arguments to make a formal decision or judgement in a dispute.

Imprisonment

The act of confining someone in a prison or another facility as punishment for crimes or while awaiting trial.