The Replacement of Foreign Manufactured Goods by Domestically Manufactured Goods

question 50

Multiple Choice

The replacement of foreign manufactured goods by domestically manufactured goods is called _____.

• A)import swap
• B)export substitution
• C)primary production
• D)import substitution
• E)trade protectionism

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Definitions:

Training Set

A collection of data used to train machine learning models, allowing the algorithm to learn from known inputs and their corresponding outputs.

Self-actualization

Fulfilling or realizing personal capabilities and talents, believed to be a basic drive or essential in each person.

Humanistic Psychology

A psychological perspective that emphasizes personal growth, self-understanding, and freedom of choice, often associated with figures such as Carl Rogers and Abraham Maslow.

Self-esteem

The subjective assessment of one's own worth, capabilities, and value.