A government program that attempts to stimulate domestic production of a good in which the country has a natural comparative advantage because of its domestic resources is an example of a(n) ________ policy

A) primary-export-led
B) import-substitution development
C) outward-looking development
D) linkage-effect

A

Economics

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How is a long-run average cost curve different from a short-run average cost curve? How are they related?

What will be an ideal response?

Economics

Applying neoclassical theory to the housing market, the idea that "housing is a good investment" refers to ________

A) higher expected household income B) the inability to buy as much housing at a higher price C) an expected increase in the relative price of housing D) a decrease in the cost of building new houses

Economics