The export led growth countries pursued a policy of "going where the money is." This was referred to as
A) investing capital in the rich countries of the world.
B) borrowing capital from rich countries.
C) producing and selling goods for the international market.
D) importing heavily from rich countries.

Question

The export led growth countries pursued a policy of "going where the money is." This was referred to as
A) investing capital in the rich countries of the world.
B) borrowing capital from rich countries.
C) producing and selling goods for the international market.
D) importing heavily from rich countries.

Quizplus · Accepted Answer

The policy of "going where the money is" refers to the strategy of producing and exporting goods for the international market, which is known as export-led growth. This involves identifying the market demand in other countries and producing goods that are tailored to meet that demand.

The Export Led Growth Countries Pursued a Policy of "Going