Statistical Evidence Suggests That

question 11

Multiple Choice

Statistical evidence suggests that

• A) free trade policies promote economic growth more effectively than do import substitution policies.
• B) import substituting policies tend to promote effective exploitation of scale economies.
• C) import substitution tends to lead to relatively low effective rates of protection.
• D) import substitution is to this day the preferred growth strategy promoted by the World Bank.
• E) import substitution proved to be the most effective aid for developing countries before 1970.

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Definitions:

Formal Operations

In Piaget’s terms, mental operations in which all possible combinations are considered in solving a problem. Consequently, each partial link is grouped in relationship to the whole; in other words, reasoning moves continually as a function of a structured whole.

Appearance/Reality Distinctions

The cognitive ability to differentiate between how things appear and how they actually are.

Three-Year-Olds

Refers to children at the age of three, a development stage characterized by rapid growth in language, social interaction, and cognitive skills.

Answer Incorrectly

The act of providing a solution or response that does not accurately address or resolve the question or problem posed.