One of the Reasons That Import Substitution Is Popular Is

question 55

Multiple Choice

One of the reasons that import substitution is popular is that:

• A)it increases the quality of products.
• B)infant industries would have to compete against global rivals.
• C)it benefits suppliers of resources 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:

Job Rights

Legal or ethical entitlements related to employment, including the rights to fair labor practices, safe working conditions, and freedom from discrimination.

Work Assignments

Tasks or projects allocated to employees or groups in a workplace, dictating their specific responsibilities and duties.

Skilled Workers

Employees who have specialized training, knowledge, and abilities to perform specific tasks or jobs.

Seniority Rights

Entitlements or privileges that are given to employees based on their length of service or tenure with the employer, often affecting promotions, layoffs, and other job-related decisions.