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Chako Chako
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8 years ago
Which of the following does NOT explain why developing countries encouraged new manufacturing industries of their own in the mid 20th century?
A) There was political pressure to protect these industries.
B) Former colonial areas had something to prove; they wanted to attain the same income levels as their former rulers.
C) Leaders of these countries feared that their efforts to escape poverty would be doomed if they continues to specialize in primary commodity exports.
D) They were cut off from traditional suppliers of manufactures during WWII.
E) Developing countries ran out of the natural resources that traditionally made up the majority of their trade.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Good luck
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