According to the textbook, what should underdeveloped countries do to initiate successful early industrialization?
A) maintain tariff barriers
B) allow foreign direct investment
C) privatize transportation infrastructure
D) stop government intervention in the economy

Question

Quizplus · Accepted Answer

Maintaining tariff barriers can protect nascent industries in underdeveloped countries from international competition, allowing them to grow and develop during the early stages of industrialization.

According to the Textbook, What Should Underdeveloped Countries Do to Initiate