When a developing country relies on export promotion,_____.
A)it concentrates on producing for its domestic market
B)it builds its technological and educational base and then makes complex products for export
C)domestic producers have sufficient protection to afford to become inefficient
D)its government must intervene more in markets
E)it begins with relatively simple products

Question

Quizplus · Accepted Answer

When a developing country relies on export promotion, it typically begins with relatively simple products that it can produce and sell competitively on the global market. As the country gains more experience and expertise in exporting, it may eventually move towards producing more complex products for export.

When a Developing Country Relies on Export Promotion,_____