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Question

Which of the following is not part of the 'Standard Model of Development'?


A

Mass education

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B

Creation of a national bank

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C

High internal tarrifs

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D

Adoption of technology

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Solution

The correct option is C

High internal tarrifs


High internal tariffs is not a part of the standard model of economic development. Internal tariffs are actually removed for the creation of a national market.


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