When a country moves from reliance on a single commodity (like oil) for export to a larger variety of export commodities, this represents what development strategy? Globalization Diversification Protectionism Capacity-building

When a country moves from reliance on a single commodity (like oil) for export to a larger variety of export commodities, this represents what development strategy? Globalization Diversification Protectionism Capacity-building

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter20: The Global Economy

Section: Chapter Questions

Problem 10AA

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Question

When a country moves from reliance on a single commodity (like oil) for export to a larger variety of export commodities, this represents what development strategy?