The Disappointment with Import- Substitution Policies Is in Part Because

question 9

Multiple Choice

The disappointment with import- substitution policies is in part because

• A)of the rapid and continuous growth record of South American countries.
• B)many countries pursuing this strategy experienced stagnation in their growth.
• C)this policy tended to create world- class industrial competitors.
• D)this policy is inconsistent with sophisticated economic growth models.
• E)of the financial investment lost by the U.S.

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