Required reserves are insurance against the costs associated with deposit outflows. The higher the costs associated with deposit outflows, the more required reserves banks will want to hold

Marketing discipline varies from one region to another

Indicate whether the statement is true or false

Costa Rica's recent economic transformation to depend more on high-tech manufacturing is largely due to its adoption of ________ trade policy

A) an import substitution B) a comparative advantage C) a factor proportions D) a strategic