When a developing country relies on export promotion,
a. it concentrates on producing for its domestic market
b. it builds its technological and educational base and then can make more complex products for export
c. domestic producers have sufficient protection that they can afford to become inefficient
d. its government must intervene more in markets
e. None of the answers is correct
B
Economics
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Personal income taxes and transfer payments
A) acts as automatic stabilizers. B) magnify fluctuations in GDP. C) are discretionary fiscal policy tools only. D) are influenced by monetary policy.
Economics
What do structural reform policies emphasize?
What will be an ideal response?
Economics