When industrialization is outward oriented,foreign exchange is
A)Encouraged and exporting is promoted.
B)Discouraged and exporting is not favored.
C)Not welcomed.
D)Used to fund governments in power.

Question

Quizplus · Accepted Answer

When industrialization is outward oriented, there is an emphasis on promoting exports and attracting foreign exchange. This is done through policies that encourage foreign investment, easy access to foreign markets, and providing incentives for exporting goods and services. Therefore, Choice A is the correct answer.

When Industrialization Is Outward Oriented,foreign Exchange Is