Which of the following is not an argument in favor of export promotion over import substitution?
A)international competition compels domestic producers to become more efficient.
B)exposure to world markets provides greater opportunities to learn new technologies.
C)producing for export permits greater specialization and economies of scale.
D)outward-looking development promotes larger firms.

Question

Quizplus · Accepted Answer

All of the other options listed are arguments in favor of export promotion over import substitution. Option D, however, does not necessarily support one strategy over the other but rather suggests that outward-looking development leads to larger firms.

Which of the Following Is Not an Argument in Favor