Which of the Following Is an Effect of Outward-Oriented Policies

question 17

Multiple Choice

Which of the following is an effect of outward-oriented policies?

• A)Some countries gain and some lose from trade.
• B)They have generally led to high growth for the countries that pursued them.
• C)They impede growth in poor countries, but create more jobs.
• D)They increase GDP, but also increase overall unemployment.

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Definitions:

Justice Department

A government department responsible for the enforcement of the law and administration of justice, primarily at a federal level.

American Hospital Supply

A company that historically specialized in supplying products and services to hospitals and healthcare facilities.

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The impact that economic factors or policies have on the market, consumer behavior, and investment values.

Streamline Order

A process designed to simplify order management, reducing steps and time needed to process orders efficiently.