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What is export-oriented industrialization?
What is export-oriented industrialization?
- An approach prioritizing local industries over export markets
- An economic strategy focusing on producing goods for international markets (correct)
- A strategy promoting foreign investment in domestic industries
- An economic policy aiming to reduce reliance on imported goods
What were the causes of famines in British colonial India?
What were the causes of famines in British colonial India?
- Crop failures, export-focused economic policies, and social/political issues (correct)
- Trade imbalances, foreign intervention, and cultural practices
- Inadequate agricultural technology, global market fluctuations, and government corruption
- Overpopulation, lack of infrastructure, and natural disasters
What characterized import substitution industrialization?
What characterized import substitution industrialization?
- Prioritizing imported goods over domestic production
- Promoting domestic industries by reducing reliance on imported goods (correct)
- Encouraging international trade partnerships for economic growth
- Focusing on attracting foreign investment in domestic markets
What role did the British East India Company play in South Asia?
What role did the British East India Company play in South Asia?
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What is the main focus of retail-driven supply chain governance?
What is the main focus of retail-driven supply chain governance?
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What are the key benefits companies can gain from Export Processing Zones (EPZs)?
What are the key benefits companies can gain from Export Processing Zones (EPZs)?
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What does manufactured comparative advantage refer to?
What does manufactured comparative advantage refer to?
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What factors can influence the competition between countries like Bangladesh and Pakistan in industries such as textiles and garments?
What factors can influence the competition between countries like Bangladesh and Pakistan in industries such as textiles and garments?
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