Which of the following is one of the disadvantages of export-oriented industrialization?
A) It may be very difficult for developing nations to set up export industries because of the competition from the more established and efficient industries in developed nations.
B) The expansion of manufactured exports is not limited by the growth of the domestic market.
C) Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient.
D) It allows developing nations to take advantage of economies of scale.
Correct Answer:
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