Which of the Following Is One of the Advantages of Export-Oriented

question 52

Multiple Choice

Which of the following is one of the advantages of export-oriented industrialization?

• A)It overcomes the smallness of the domestic market and allows a developing nation to take advantage of economies of scale
• B)The market for the industrial product exists domestically,as evidenced by imports of the commodity,so that risks are reduced in setting up an industry to replace imports
• C)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
• D)Foreign firms are induced to establish so-called tariff factories to overcome the tariff wall of developing nations

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Definitions:

Continuous Reinforcement

A schedule of reinforcement where a reward follows every correct response or desired behavior, commonly used in the initial stages of training.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty, often dependent on other factors.

Biofeedback

A technique used to teach individuals how to control bodily processes that are normally involuntary, such as heart rate or blood pressure, through the use of electronic monitoring.

Neurofeedback

A therapeutic intervention that measures brain waves and provides real-time feedback to help individuals learn to regulate brain function.