6. Development Economics

Growth Strategies — Quiz

Test your understanding of growth strategies with 5 practice questions.

Practice Questions

Question 1

Which phenomenon describes the loss of domestic manufacturing competitiveness due to resource export booms and real exchange rate appreciation?

Question 2

Which effect explains real exchange rate appreciation when productivity growth in tradable sectors outpaces that in non-tradable sectors?

Question 3

In the context of industrial policy, which of the following is an example of addressing coordination failures through spatial clustering of firms and suppliers?

Question 4

Given three export portfolios with equal total share, portfolio A: {50%, 25%, 25%}, portfolio B: {34%, 33%, 33%}, and portfolio C: {70%, 15%, 15%}, which has the lowest Herfindahl–Hirschman Index (HHI)?

Question 5

What concept maps products according to the capabilities required for their production and helps countries identify nearby opportunities for diversification?