Which of the Following Has Not Been Proposed as a Rationale

question 13

Multiple Choice

Which of the following has not been proposed as a rationale for promoting import substitution?

• A) The Prebisch-Singer hypothesis
• B) The belief that technological progress occurs mainly in manufacturing
• C) The infant industry argument
• D) The idea that imports can be a source of TFP growth
• E) The fear that reliance on imports makes the economy vulnerable to external forces

---

Definitions:

Peer Influence

The impact that the behaviors, opinions, or attitudes of peers can have on an individual's own actions or beliefs.

Social Support

Refers to the psychological and material resources provided by a network of family, friends, colleagues, and others, which can enhance an individual's ability to cope with stress and hardships.

Cognitive Development Theory

A theory that outlines how human beings perceive, think, and understand their world through the interplay of genetic and learned factors.

Cultural Context

The various social, religious, economic, and cultural conditions that influence the life of an individual or community.