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

question 48

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)The expansion of manufactured exports is not limited by the growth of the domestic market.
• C)Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient.
• D)It allows developing nations to take advantage of economies of scale.

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Definitions:

Internal Reference

A predetermined or fixed point within a system used as a standard for measurement or comparison.

ICON

A graphical symbol representing a program, function, data, or file on a computer interface.

Function Blocks

In industrial automation, function blocks are pre-defined program instructions used to perform specific logical, arithmetic, or control functions in programmable controllers.