Question

Which one of these concepts is closely associated with the export led growth hypothesis? a. Domestic...

Which one of these concepts is closely associated with the export led growth hypothesis?

a. Domestic market orientation.

b.All option apply.

c. Business level motives for exporting.

d. Country (macro) level motives for exporting.

Homework Answers

Answer #1

The export-led growth hypothesis (ELGH) postulates that export growth is one of the key determinants of economic growth

Domestic market orientation: is the approach to business that prioritizes identifying the needs and desires of consumers and creating products that satisfy them.

Country (macro) level motives for exporting: Focuses on the importance of export and its role in the economy of countries. especially developing countries.

Business level motives for exporting: Focuses on why it is important for businesses to export.

So, As per the definitions of all, option d Country (macro) level motives for exporting seems to be most relevant to ELGH.

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