Which of the Following Is Not an Argument in Favor

question 1

Multiple Choice

Which of the following is not an argument in favor of export promotion over import substitution?

• A)International competition compels domestic producers to become more efficient.
• B)Exposure to world markets provides greater opportunities to learn new technologies.
• C)Producing for export permits greater specialization and economies of scale.
• D) Outward-looking development promotes larger firms.

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Definitions:

Individualist Cultures

Societies that emphasize the needs and goals of the individual over the collective group.

Collectivist Cultures

Societies or cultures that prioritize the group over the individual, emphasizing community, cooperation, and shared values.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services within an economy.

Self-Esteem

An individual's subjective evaluation of their own worth, characterized by attitudes of approval or disapproval about oneself.