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:

Forecasting Overhead

The process of estimating future overhead costs of a business, which are not directly tied to a specific business activity but are necessary for the business to operate.

Staffing Requirements

The specific needs a company has for hiring employees, including the number and type of workers needed to fulfill business objectives.

Service Delivery Model

A framework that defines the way services are delivered to clients or customers, including the processes, roles, and technologies involved.

Training Specialists

Professionals who design, conduct, and evaluate programs that enhance the skills and knowledge of an organization's employees.