Which of the Following Was NOT an Effect of Import

question 44

Multiple Choice

Which of the following was NOT an effect of import substitution industrialization (ISI) ?

• A) It achieved rapid economic growth.
• B) Industries that received government subsidies had less incentive to produce
• C) Particular groups - such as commercial farmers and union workers - benefited under ISI and provided a strong base of support for this development strategy.
• D) It led to a decrease in urban and rural poverty.
• E) It led to the development of a sizeable informal sector in Mexico.

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Definitions:

Inventory Turnover Ratio

A financial metric indicating how many times a company's inventory is sold and replaced over a specific period, often used to assess the efficiency of inventory management.