Bangladesh Has Had Success With

question 120

Multiple Choice

Bangladesh has had success with:

• A) clustering the textile industry.
• B) clustering the fishing industry.
• C) supporting export-led growth policy.
• D) supporting import substitution policy.

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Definitions:

Bounded Rationality

A concept suggesting that individuals make decisions based on the limited information available to them and within the constraints of their cognitive capacity.

Optimizing

The process of making something as effective, perfect, or functional as possible, often by choosing the best option from a set of alternatives.

Programmed Decisions

Decisions that are routine and repetitive, often made using established guidelines or procedures.

Creative Solutions

Innovative and unique solutions developed to solve problems or address challenges in new ways.