Export promotion has been successfully applied by all the countries listed below except ________.

Question

Quizplus · Accepted Answer

Taiwan, Hong Kong, and South Korea have all implemented successful export promotion strategies, resulting in a significant increase in their export volumes and economic growth. These countries focused on developing and promoting their export-oriented industries, offering incentives and support to local firms, and enhancing their trade infrastructure. However, Brazil's export performance has been limited, mainly due to factors such as bureaucracy, high taxes, and lack of investment in infrastructure. Therefore, option D is the correct answer.

Export Promotion Has Been Successfully Applied by All the Countries