Explain how export-oriented method of economic growth can demonstrate the importance of global interactions

What will be an ideal response?


Answer: Countries that adopt an export-oriented method of foreign investment to build factories that will manufacture goods for international markets. In that way, they can achieve economies of scale immediately. Export-oriented policies rely on global capital markets to facilitate international investment, and they rely on global marketing networks to distribute the products. Export-led development is usually accompanied by low tariffs and export duties, market-based domestic economic policies, privatization of most economic activity, and general laissez-faire openness to economic innovation. The countries that have grown the fastest in recent decades have generally followed export-oriented programs. The success of these policies demonstrates again how, increasingly, what happens at places is the result of what happens among places.

Environmental & Atmospheric Sciences

You might also like to view...

What is the minimum mapping unit?

What will be an ideal response?

Environmental & Atmospheric Sciences

Which of the following is a typical way in which shale is expressed in the landscape?

A) Soft slopes covered by small, loose chips B) Slopes covered by loose debris from overlying rocks C) Valleys and other low areas carved into the landscape D) Badlands E) All of these are correct.

Environmental & Atmospheric Sciences

Describe the various statistical properties that help define climate

What will be an ideal response?

Environmental & Atmospheric Sciences

Although many rangeland managers call for sharply reducing the number of grazing livestock to reduce overgrazing, Allen Savory recommends ____.

A. moving small herds of cattle to fresh range frequently B. reseeding pasture of rangeland frequently C. exposing a small amount of land to a large herd of cattle for a few days D. frequently plowing rangeland to stimulate grass growth E. interspersing cattle range with other species of grazers, like sheep

Environmental & Atmospheric Sciences