One of the Reasons That Import Substitution Is Popular Is

question 58

Multiple Choice

One of the reasons that import substitution is popular is that

• A)there was never any demand for the products in question
• B)infant industries would have to compete against global rivals
• C)it benefits suppliers to the favored domestic industries
• D)it slows down the progression through the production chain
• E)the emphasis is on comparative advantage and trade expansion

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