Which of the Following Is an Effect of Outward-Oriented Policies

question 17

Multiple Choice

Which of the following is an effect of outward-oriented policies?

• A)Some countries gain and some lose from trade.
• B)They have generally led to high growth for the countries that pursued them.
• C)They impede growth in poor countries, but create more jobs.
• D)They increase GDP, but also increase overall unemployment.

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Definitions:

Dienophile

A compound that acts as an electron-deficient partner in Diels-Alder reactions, typically possessing a carbon-carbon double or triple bond.

Continuous Variable

A variable that can assume an infinite number of values within a given range, representing quantities that can be divided into smaller increments.

Relevant Range

The range of activity or volume over which specific cost behavior assumptions are valid.

Measurement Device

An instrument or tool used to obtain quantitative data by measuring a physical quantity.