Export-Oriented Industrialization Is a Policy Of

question 39

Multiple Choice

Export-oriented industrialization is a policy of:

• A)encouraging the consumption of high-tech foreign exports to fuel domestic industrialization.
• B)promoting economic development by encouraging free trade.
• C)promoting economic development by encouraging manufacturing for foreign consumption.
• D)encouraging economic development by promoting foreign direct investment.
• E)encouraging developed countries to reduce tariff barriers on developing countries' exports.

Understand the challenges and factors that have influenced U.S. economic growth and productivity since the 1970s.

Grasp the dynamics of work hours in industrialized countries and the factors driving healthcare costs.

Understand the impact of technological change on productivity growth.

Recognize the evolution of the United States' savings rate and its implications on the economy.

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