Economists Favor Export Promotion Over Import Substitution as a Policy

question 32

Multiple Choice

Economists favor export promotion over import substitution as a policy for economic growth because:

• A)it provides infant industries with a protected market.
• B)it favors replacing high-cost foreign goods with low-cost domestic goods.
• C)it improves the efficiency of foreign producers.
• D)it emphasizes comparative advantage and trade expansion.
• E)it emphasizes trade restrictions and helps provide a market for domestic goods.

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Definitions:

Managed Care

A healthcare delivery system organized to manage cost, utilization, and quality, often through contracts with selected healthcare providers and facilities.

Insurance Coverage

The extent to which health care services, medications, or treatments are financially supported by an insurance policy.

Mental Health Patients

Individuals who are receiving treatment or support for mental health conditions ranging from mild emotional distress to severe psychiatric disorders.

Telemental Health

The provision of mental health services using telecommunications technology, such as video conferencing, to connect with clients remotely.