O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2012 · Q261 Mark
Changes in demand mean that the government of Bangladesh hopes to switch some production from clothes made by low-paid, unskilled workers to medicines produced by highly-trained technicians. Which policies would enable Bangladesh to achieve this switch in employment and production?
Aclose clothes factories and decrease imports
Bencourage immigration of foreign labour and introduce tariffs on clothing
Cinvest in education and purchase new machines
Dsubstitute labour for machines and encourage emigration of workers from Bangladesh
✓ Correct answer
C: invest in education and purchase new machines
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