Which of the following policies is consistent with export-oriented industrialization?
A)A Korean car company purchasing its computers from a U.S.firm.
B)Japan removing all barriers to trade with the United States.
C)Mexico keeping tariffs on cars imported from the United States.
D)Taiwan keeping its currency weak or undervalued.
E)The Brazilian government creating and owning a power company to provide electricity for domestic industries.

Question

Quizplus · Accepted Answer

Export-oriented industrialization focuses on promoting exports as a means of economic growth. A weak or undervalued currency makes domestic goods cheaper in foreign markets, thus promoting exports. The other choices do not directly involve promoting exports.

Which of the Following Policies Is Consistent with Export-Oriented Industrialization