Which of the Following Will Be Required for a Country

question 11

Multiple Choice

Which of the following will be required for a country to move up the income ladder and achieve high-income status?

• A) Rapid growth of the money supply.
• B) Restrictions limiting the import of goods from other nations, particularly low-wage countries.
• C) Tax incentives that encourage consumption rather than investment.
• D) Sustained economic growth.

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Definitions:

SCM

Supply Chain Management involves the management and control of materials, information, and financial flows from the supplier through to the manufacturer, then on to the wholesaler and retailer, and ultimately to the consumer.

Source Component

In software, a fundamental piece of code or module that contributes to the functionality of a larger application or system.

Product Or Service

Any offering that can be sold to a customer to fulfill their needs or desires, including tangible goods and intangible services.

SCM

The process of overseeing the movement of goods, information, and money from the beginning of the supply chain with suppliers, through manufacturers and wholesalers, down to retailers and finally consumers, is known as Supply Chain Management.