In Place of Import Substitution, Some Asian Countries Have Instead

question 110

Multiple Choice

In place of import substitution, some Asian countries have instead:

• A) supported export-led growth.
• B) focused on developing agricultural production.
• C) restricted trade to mostly occur with other Asian countries.
• D) practiced extensive quantitative easing.

---

Definitions:

Organizational Needs

The requirements essential for an organization to maintain and enhance its operations, achieving its short and long-term goals.

Long-term HR Priorities

Refers to the strategic objectives and goals a human resources department sets for achieving growth and success over an extended period.

HR Surpluses

A situation where the number of employees exceeds the number of positions available within an organization, leading to potential layoffs or reassignments.

HR Shortages

Occurs when there is a lack of available personnel within the organization or labor market to meet the organizational demands for workforce skills and talents.