Import Substitution Policies Make Use of

question 18

Multiple Choice

Import substitution policies make use of

• A) tariffs that discourage goods from entering a country.
• B) quotas applied to goods that are shipped abroad.
• C) production subsidies granted to industries with comparative advantage.
• D) tax breaks granted to industries with comparative advantage.
• E) production facilities provided by industrialized countries.

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Definitions:

Investment Strategies

Plans or approaches designed to allocate financial assets in a way that achieves financial goals.

Social Agenda

A set of priorities or objectives set by an organization or government, focusing on social issues such as welfare, health, and social justice.

Short-Term Profits

Earnings achieved within a brief period, typically within a year, that often reflect the immediate financial health of a business.

Shareholder Model

a corporate governance model that prioritizes the interests of shareholders in the decision-making process, often focusing on maximizing shareholder value.