Question

QUESTION 1

1. Which development model best describes the rapid industrialization of East Asian economies?

   	A.	Export-Led Industrialization
   	B.	Imports Substitution Industrialization
   	C.	Modernization
   	D.	All of the above
   	E.	None of the above

QUESTION 2

1. The free flow of capital between states was a primary goal of the Bretton Woods institutions.

   True

   False

QUESTION 3

1. Which political economy theory serves as the foundation of the Washington Consensus?

   		Classical Liberalism
   		Keynesianism
   		Marxism
   		Noeliberalism
   		None of the above

QUESTION 5

1. Import Substitution Industrialization argues that state policy and resources should be used to:

   	A.	Promote export-oriented industries
   	B.	Move from agriculture-based economies to industrial economies
   	C.	Nationalize the property of foreign owners of fixed capital
   	D.	All of the above
   	E.	None of the above

Answer 1

a) "A"

the east Asian nations adopted the export led industrialization. the answer is "A".

b) "False"

It was free and fare trade between the nations of the world.

c) "D"

neo liberalism serve as the foundation of the Washington consensus

d) "E"

it promotes banning the imports and producing the goods on their own.