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

question 36

Multiple Choice

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

• A)It may be very difficult for developing nations to set up export industries because of the competition from the more established and efficient industries in developed nations
• B)Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient
• C)Import substitution can lead to inefficient industries because of the smallness of the domestic market in many developing nations
• D)Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient.

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Definitions:

Bribery

The act of giving or receiving something of value in exchange for some kind of influence or action in return that the recipient would otherwise not offer.

Corporate Ethics

The moral principles and standards that guide behavior within the business world.

Organizational Ethics Codes

A set of guiding principles and standards adopted by an organization to ensure its actions and decisions align with ethical and moral expectations.

Personal Ethics Codes

Individual principles or values that guide a person's behavior and decision-making process.