When a developing country relies on export promotion:
A) It concentrates on producing for the export market
B) The emphasis is on comparative advantage and trade expansion
C) It forces producers to become more efficient
D) It requires less government intervention in the market
E) All of the answers are correct

Question

Quizplus · Accepted Answer

When a developing country relies on export promotion, it focuses on producing goods for the export market, which involves emphasizing comparative advantage and trade expansion. As a result, producers are forced to become more efficient, and there is less government intervention in the market. All of these factors are correct, making E the best answer.

When a Developing Country Relies on Export Promotion