Which of the following policies is consistent with export-oriented industrialization?
A)A Korean car company purchasing its computers from a U.S.firm
B)Mexico keeping tariffs on cars imported from the United States
C)Taiwan keeping its currency weak or undervalued
D)The Brazilian government creating and owning a power company to provide electricity for domestic industries

Question

Quizplus · Accepted Answer

Export-oriented industrialization involves promoting exports and obtaining foreign investment to boost economic growth. One common strategy employed by countries following this policy is to keep their currency undervalued or weak to make their exports more competitive in foreign markets. Taiwan keeping its currency weak or undervalued is consistent with this policy. Choices A, B, and D do not align with export-oriented industrialization.

Which of the Following Policies Is Consistent with Export-Oriented Industrialization