Which of the following strategies have developing countries not used to deal with the problem of unstable export markets ?
Correct answer: D. tariff-rates quotas
- A. multilateral contracts
- B. production and export controls
- C. buffer stock arrangements
- D. tariff-rates quotas
Explanation
Multilateral contracts, production or export controls, and buffer stocks have all been used to reduce export-price instability. Tariff-rate quotas mainly regulate import access and are not a standard method for stabilising developing countries’ export markets.
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