JAMB Economics 2017 Objective — Question 40

Question 40 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2017 Objective paper, with the correct answer and a full explanation.

Localization of industry is encouraged because of

A. low interest charges on loans
B. improvements in infrastructureCorrect
C. low foreign exchange rate
D. high standard of living

Explanation

Localization of industries is encouraged where infrastructure (power, water, roads) has been improved.

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