Although Initially Successful in Achieving Impressive Economic Growth, Import Substitution

question 14

Multiple Choice

Although initially successful in achieving impressive economic growth, import substitution ultimately

• A) was proven to be incapable of sustaining economic growth due to resistance from labor groups.
• B) led to inefficient and uncompetitive industries due to their dependence on state subsidies.
• C) was proven to be incapable of sustaining economic growth due to resistance from large firms that wanted to grow their foreign markets in Latin America.
• D) was proven to be incapable of sustaining economic growth due to resistance from the bourgeoisie.
• E) was proven to be incapable of sustaining economic growth due to resistance from foreign capitalists and multinational corporations.

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