Which of the Following Does Not Represent a Problem with ISI

question 7

Multiple Choice

Which of the following does not represent a problem with ISI policies?

• A)Manufacturers often lacked technical expertise and produced products of low quality.
• B)Developing countries sold little on the international market,which limited the potential of many producers.
• C)ISI limited the ability of developing countries to buy much from abroad,and this left developing countries vulnerable to crises.
• D)ISI forced national manufacturers to meet international standards of quality and price that were too demanding.

---

Definitions:

Output

The quantity of goods or services produced in a given period by an individual, firm, or country.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, holding all other factors constant.

Marginal Product

The additional output gained from employing an extra unit of input in the production process.

Produce

To create, manufacture, or cultivate goods, especially agricultural products, for consumption or use.