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It Is Argued That Import Substitution Is a Misguided Trade

question 28

Essay

It is argued that import substitution is a misguided trade policy if the intent is to promote long-term economic growth. Explain the reasons underlying this argument.


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The accomplishment and success in academic activities at school, often measured by grades, test scores, and other educational milestones.

Adolescents

Individuals in the developmental stage between childhood and adulthood, typically between the ages of 13 and 18, characterized by significant physical, psychological, and social changes.

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Required or bound by law, duty, or moral principle to follow commands or instructions.

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The authority or capacity to direct, make choices, and ensure compliance.

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