Which of the following economic conditions cause export growth to be a basis for faster overall economic growth?
A)Diseconomies of scale in production for the domestic market
B)A larger-than- average service sector
C)A larger-than-average manufacturing sector
D)High and constant levels of productivity in export production
E)Economies of scale in production for the world market

Question

Quizplus · Accepted Answer

Economies of scale in production for the world market can cause export growth to be a basis for faster overall economic growth because it allows for efficient production and cost savings, which can lead to increased exports and therefore increased economic activity.

Which of the Following Economic Conditions Cause Export Growth to Be