The Relationship Between Import Substitution Policies and Export-Led Development Policies

question 58

Multiple Choice

The relationship between import substitution policies and export-led development policies is best characterized by which of the following?

• A)Import-substitution policies are more likely to lead to production of mature products, whereas export-led development policies result in production of growth products.
• B)The two are hard to distinguish because production under import substitution may eventually be exported.
• C)Production under import substitution policies, as opposed to export-led development policies, is more likely to be located in urban areas.
• D)Production under import substitution policies, as opposed to export-led development policies, is likely to be more labor-intensive.

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Definitions:

Matching Law

A principle that states the proportion of responses allocated to a particular option matches the proportion of reinforcements obtained from that option.

Schedules of Reinforcement

The rules or plans for determining when and how often reinforcements, like rewards or punishments, are given in behavior conditioning processes.

Access

The right or opportunity to use or benefit from something, such as services, data, or resources.

Two-Factor Theory

A psychological theory proposing that human emotions result from a combination of a state of physiological arousal and a cognitive interpretation of that arousal.