Which Trade Strategy Have Developing Countries Used to Restrict Imports

question 9

Multiple Choice

Which trade strategy have developing countries used to restrict imports of manufactured goods so that the domestic market is preserved for home producers?

• A) international commodity agreement
• B) export promotion
• C) multilateral contract
• D) import substitution
• E) export subsidies

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Definitions:

Social Introversion

A personality trait characterized by a preference for solitary activities and situations above social interactions.

Response Inventories

Tests designed to measure a person’s responses in one specific area of functioning, such as affect, social skills, or cognitive processes.

Face Validity

The extent to which a test or measure appears effective in terms of its stated aims, based on subjective judgment rather than empirical evidence.

Development Cycle

Refers to a series of stages through which a project, product, individual, or organism passes during its lifetime, encompassing phases from initiation to completion or birth to death.