In what has come to be called the East Asian model of development,economic development is conceptualized as a series of distinct stages.In the third stage,
A) industrial policy promotes labor-intensive light industry.
B) industrial policy promotes capital-intensive heavy industry.
C) industrial policy promotes high tech consumer durables and industrial machinery.
D) industrial policy promotes labor-intensive heavy industry.
E) industrial policy acquires high technology imports and foreign capital.
Correct Answer:
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Q6: According to Oatley,manufacturing industries created through ISI
Q7: According to Oatley,governments in developing countries were
Q8: Microeconomic inefficiencies created by ISI policies were
Q9: According to Oatley,Governments promoted ISI policies so
Q10: Between 1973 and 1982 developing countries were
Q12: East Asian governments used industrial policies to
A)
Q13: In what has come to be called
Q14: According to the World Bank and the
Q15: ISI policies in the long run constrained
Q16: The East Asian model was praised by
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