When a Developing Country Relies on Export Promotion, _____

question 4

Multiple Choice

When a developing country relies on export promotion, _____

• A) it concentrates on producing for its domestic market.
• B) it builds its technological and educational base and then makes complex products for export.
• C) domestic producers have sufficient protection, which makes them inefficient.
• D) its government must intervene more in markets.
• E) it begins with relatively simple products.

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Definitions:

Skill-Based Outcome

The result or achievement that demonstrates the application or improvement of specific skills.

Competencies Acquisition

The process of gaining or developing skills, knowledge, or abilities necessary for effective performance in a job or task.

Personally Accountable

Taking responsibility for one's actions and their outcomes without blaming others.

Six Sigma

A set of techniques and tools for process improvement aimed at reducing defects and improving quality, originally developed by Motorola in 1986.