A Problem Associated with Import Substitution as an Industrial Policy

question 58

Multiple Choice

A problem associated with import substitution as an industrial policy is:

• A) it removes the incentive for industries to be efficient.
• B) industries are often chosen for political, not economic, reasons.
• C) it often stays in place long after it was expected to lapse.
• D) All of these are problems associated with import substitution policy.

Assess and address respiratory conditions effectively, including recognizing signs of complications and the need for interventions.

Understand and match various medical terms with their correct definitions.

Identify the purpose and description of different vision screening tests.

Understand procedures and reasons for ear irrigation.

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Definitions:

Balanced Scorecard

This is a strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

Internal Process

Activities and operations carried out within an organization to ensure the effective creation of goods or delivery of services.

Innovation And Learning

The process of creating new ideas, products, or methods and the acquisition of knowledge to improve efficiency or effectiveness.

Residual Income

A measure of the income that exceeds the minimum required return on a company's investments or operations.