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.

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Definitions:

Electron

A subatomic particle with a negative charge, orbiting the nucleus of an atom and involved in chemical bonds and electricity.

S Orbital

A type of atomic orbital that is spherical in shape, representing the probability distribution of an electron.

Shape

The external form, contours, or outline of an object or figure, often influencing its functionality and perceived aesthetics.

P Orbital

A type of atomic orbital that has a dumbbell shape and can accommodate up to two electrons, significant for its directional properties in bonding.