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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Definitions:

Centeredness

A state of being calm, composed, and focused, maintaining emotional balance and awareness of oneself.

Empathic Process

A psychological process involving the capacity to recognize and, to an extent, feel the emotion that another person is experiencing.

Perspective Taking

The cognitive process of considering the world from viewpoints other than one's own, enhancing empathy and understanding in social situations.

Affective Responding

Emotional reactions and expressions in response to stimuli or events.