Which of the Following Is NOT an Argument in Favor

question 11

Multiple Choice

Which of the following is NOT an argument in favor of export-oriented development over import substitution?

• A) International competition compels domestic producers to become more efficient.
• B) Exposure to world markets enhances opportunities to learn new technologies.
• C) Producing for export permits greater specialization.
• D) Outward-looking development favors firms that are better at rent seeking.

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Definitions:

QuickBooks

Accounting software that provides tools for managing invoices, expenses, employees, and reports for small to medium businesses.

Transactions

Financial events that result in changes to the accounts of a business.

Chart of Accounts

An organized list of all accounts in a business's general ledger, categorizing assets, liabilities, equity, revenue, and expenses.

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