Brazil's export record in 1999 illustrated the principle that
A) a large country will tend to have few exports.
B) a small country will tend to have a high export ratio.
C) protectionist policies tend to discourage exports.
D) export-promoting policies do not tend to work.
E) import substitution policies helped the Brazilian economy.
C
Economics
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Suppose Mack's wage was $7.00 an hour in 2001 and was $12.00 per hour in 2012. The CPI was 94 in 2001 and 201 in 2012. The 2001 wage in terms of 2012 dollars is
A) $13.16. B) $7.00. C) $14.97. D) $14.07. E) $3.48.
Economics
Critically evaluate the following statement: "People in developing countries are not poor because they have large families. Rather, they have large families because they are poor."
What will be an ideal response?
Economics