In Terms of Industrial Policy, Clusters Refer To

question 10

Multiple Choice

In terms of industrial policy, clusters refer to:

• A) networks of interdependent firms, universities, and businesses that focus on production of a specific type of good.
• B) firms in an economy that are so interconnected, when one fails, they all fail.
• C) the industries supported in a country practicing export-led growth policy.
• D) the industries supported in a country practicing import substitution policy.

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Definitions:

GABA

Gamma-Aminobutyric Acid, an inhibitory neurotransmitter in the central nervous system that plays a key role in reducing neuronal excitability throughout the nervous system.

Receptor Downregulation

A decrease in the number of receptors on the surface of target cells, often in response to high levels of a hormone or neurotransmitter.

Cyclic AMP

A second messenger important in many biological processes, involved in the activation of protein kinases and regulation of the effects of adrenaline and glucagon.

G Proteins

A family of proteins that act as molecular switches inside cells, involved in transmitting signals from stimuli outside the cell.