A key element in outward-looking development policies is to maintain open markets so that internal prices reflect world prices.

Name: A key element in outward-looking development policies is to maintain open markets so that internal prices reflect world prices.
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Question

Quizplus · Accepted Answer

Maintaining open markets allows for competition and access to global resources, leading to internal prices that reflect world prices. Closed markets, on the other hand, can result in distorted prices and hinder economic growth.

A Key Element in Outward-Looking Development Policies Is to Maintain