Developing countries are increasingly pursuing the international trade approach to development.

Question

Quizplus · Accepted Answer

This statement is true. Developing countries are relying on international trade as a means of promoting economic growth and development. This approach can help to increase exports, attract foreign investment, and create jobs. However, it can also result in inequalities and may not be suitable for every country.

Developing Countries Are Increasingly Pursuing the International Trade Approach to Development