One Obstacle to the Adoption of the Export Promotion Model

question 36

Multiple Choice

One obstacle to the adoption of the export promotion model by countries in other regions is that

• A)the Uruguay Round of the GATT forbids many types of export promotion policies.
• B)the Washington Consensus opposes the spread of this model.
• C)research and development for new exports is too expensive.
• D)only noncommercial R&D is permitted under the rules of the GATT.
• E)industrial monopolies in the high-income countries will block further exports by developing countries.

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Definitions:

Nonverbal Cues

Forms of communication without words, including gestures, facial expressions, body language, and tone of voice, which can convey emotions and intentions.

Three-Step Writing

A structured approach to writing that typically includes planning, drafting, and revising/editing stages.

Nervousness

A state of being anxious or apprehensive, often experienced before facing unfamiliar, challenging, or stressful situations.

Persuade

The act of convincing someone to do or believe something through reasoning or argument.