The Argument for ISI States That the Traditional Theory of _____

question 32

Multiple Choice

The argument for ISI states that the traditional theory of _____ does not work for developing countries?

• A) comparative advantage
• B) dependence theory
• C) structuralist economics
• D) balance of payments
• E) financial repression

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Definitions:

Displacement

A defense mechanism where mind shifts emotional impulses from a real object to a safer substitute target.

Productivity

Productivity refers to the measure of efficiency of a person, machine, factory, or system in converting inputs into useful outputs.

Own Language

The unique linguistic system developed and understood by specific individuals or groups, often seen in twins.

Fuzzy Concepts

These are ideas or categories that are not precise and can vary considerably depending on the individual or context.