Which of the Following Is Not One of the Three

question 50

Multiple Choice

Which of the following is not one of the three main advantages of an import-substitution industrialization strategy?

• A)The market for the industrial product already exists,as evidenced by imports of the commodity,so that risks are reduced in setting up an industry to replace imports
• B)It is easier for developing nations to protect their domestic market against foreign competition than to force developed nations to lower trade barriers against their manufactured exports
• C)Foreign firms are induced to establish so-called tariff factories to overcome the tariff wall of developing nations
• D)It overcomes the smallness of the domestic market and allows a developing nation to take advantage of economies of scale

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Definitions:

Libido

In psychoanalysis, the psychic energy that fuels the life or sexual instincts of the id.

Ego

In psychoanalysis, the part of personality that represents reason, good sense, and rational self-control.

Superego

In psychoanalysis, the part of personality that represents conscience, morality, and social standards.

Id

In psychoanalysis, the part of personality containing inherited psychic energy, particularly sexual and aggressive instincts.