Export-Led Growth Policy Involves

question 74

Multiple Choice

Export-led growth policy involves:

• A)favoring those industries that export goods over those that only produce domestically consumed goods through high tariffs.
• B)investing heavily in an industry through tax breaks and export subsidies with the aim of selling goods around the world.
• C)encouraging private investment in industries that currently export goods,rather than those expanding domestically.
• D)discouraging imports with high tariffs.

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Definitions:

Psychotherapy

A form of treatment for mental health issues that involves talking with a therapist to understand and overcome problems.

Functionalism

A theoretical perspective in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biological and social needs of individuals that make up that society.

Evolutionary Theories

A set of principles that explains how biological organisms have changed over time due to processes such as natural selection and genetic drift.

Charles Darwin

A naturalist known for his contributions to the science of evolution and natural selection.