All of the Following Would Be Potential Problems If Developing

question 32

Multiple Choice

All of the following would be potential problems if developing nations around the world emphasized export promotion except

• A)industrial nations may be unable to absorb the exports of many newly industrializing nations.
• B)it would be much harder to emphasize exports under the WTO framework if the emphasis in exports requires some kind of subsidies.
• C)export growth may not add to GDP if it crowds out growth in output of goods for domestic consumption.
• D)export promotion by many countries may lead to economic conflicts.
• E)current research has clearly established that there is no causal connection between exports and faster economic growth.

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Definitions:

Induction Motor

An electric motor that operates on the principle of induction, where electromagnetic fields are generated to turn the rotor, commonly used in various applications due to its ruggedness and simplicity.

Fourth Harmonic

The fourth harmonic refers to a frequency that is four times the fundamental frequency of a periodic waveform, affecting the system's overall wave shape and performance.

Fundamental Power Frequency

The primary frequency at which electrical power systems operate, typically 50 Hz or 60 Hz depending on the country.

60 Hertz

A frequency of 60 cycles per second, commonly used as the standard frequency of AC electrical power in several countries, including the United States.