The High Correlation Between Rapid Growth in Exports and Rapid

question 8

Multiple Choice

The high correlation between rapid growth in exports and rapid economic growth observed in several East Asia countries in recent decades

• A) proves that export promoting trade policy leads to relatively rapid economic growth.
• B) proves that a free-trade orientation of trade policy results in rapid economic growth.
• C) proves that exports help growth, whereas imports impede growth.
• D) proves that trade policy is the most important policy area for promotion of economic development.
• E) does not prove that trade liberalization always leads to rapid economic growth.

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Definitions:

Religious Orientation

An individual's orientation towards religion, which may influence their beliefs, behaviors, and sense of identity in the context of spirituality or religious practice.

Adjustment

The process of adapting or becoming accustomed to new conditions or environments.

Allport

Refers to Gordon Allport, a psychologist known for his theory of personality that emphasizes the uniqueness of the individual and the concept of personal traits.

Internal

Pertains to something situated on the inside, occurring within an individual's mind or internalizing within the entity it refers to.