When a Developing Country Relies on Export Promotion

question 57

Multiple Choice

When a developing country relies on export promotion,

• A)it concentrates on producing for its domestic market
• B)it builds its technological and educational base and then can make more complex products for export
• C)domestic producers have sufficient protection that they can afford to become inefficient
• D)its government must intervene more in markets
• E)None of the answers is correct

---

Definitions:

Reciprocity

Reciprocity refers to a mutual exchange of privileges or interactions between two parties, where both benefit from the exchange.

Indebtedness

The feeling of owing something, whether emotional or financial, to another person or entity.

Major Components

Essential parts or factors that constitute a larger system or complex entity.

Goals

are defined objectives or targets that an individual, group, or organization strives to achieve.