Which of the Following Industrial Policies Are Effective for Developing

question 23

Multiple Choice

Which of the following industrial policies are effective for developing countries to deal with inflows of capital from overseas?

• A) Import substitution, export-led growth, and clustering.
• B) Import substitution, export-led growth, and crowding out.
• C) Import substitution, government subsidy, and clustering.
• D) Market Substitution, government subsidy, and crowding out.

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Definitions:

Morphemes

The smallest units of sound that carry a meaning in language. They are distinct from phonemes, which can alter meaning but have no meaning by themselves.

Syntax

The patterns or rules by which words are arranged into phrases and sentences.

Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli.

Imitation

The action of using someone or something as a model and attempting to replicate their behavior, characteristics, or techniques.