Which of the following is a characteristic of inward-oriented policies?
A)They are generally supported by economists.
B)They are primarily concerned with the development of human capital.
C)They are in some ways like prohibiting the use of certain technologies.
D)They are generally rejected by domestic producers in import-competing industries.

Question

Quizplus · Accepted Answer

Inward-oriented policies typically involve restrictions on trade and foreign investment, which can include prohibiting the use of certain technologies. This approach is generally criticized by economists, and domestic producers in import-competing industries may support such policies, but this is not a defining characteristic of inward-oriented policies. Developing human capital may or may not be a goal of inward-oriented policies, but it is not a defining characteristic.

Which of the Following Is a Characteristic of Inward-Oriented Policies