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, which makes them 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. This is because developing countries often lack the technological and educational base to produce more complex products for export. As they gain experience and expertise, however, they may begin to pursue more sophisticated products.

When a Developing Country Relies on Export Promotion, _____