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:

Monitoring Subordinate

The act of overseeing the performance and activities of employees or team members to ensure compliance with standards and objectives.

Contingency Leadership

A leadership theory that emphasizes the importance of situational factors, such as the organizational environment and the nature of the task, in determining the most effective leadership style.

Subordinates

Individuals who work under the direction and control of a superior in an organizational hierarchy.

Repetitive Tasks

Tasks that are performed in the same manner, requiring minimal variation or creativity, often associated with routine operations.