Sugar processing is one of Cubas most important industries. However, production is often slowed by old, inefficient technology. Based on this information, what would would be the BEST way to improve the efficiency of Cubas sugar industry?

ECONOMIC GROWTH

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Sugar processing is one of Cuba’s most important industries. However, production is often slowed by old, inefficient technology. Based on this information, what would would be the BEST way to improve the efficiency of Cuba’s sugar industry?

A	investing in capital goods
B	investing in human capital
C	reducing quotas on foreign sugar
D	increasing tariffs on foreign sugar

Explanation:

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC GROWTH