One of the Reasons That Import Substitution Is Popular Is

question 58

Multiple Choice

One of the reasons that import substitution is popular is that

• A)there was never any demand for the products in question
• B)infant industries would have to compete against global rivals
• C)it benefits suppliers 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:

Isthmus of Panama

A narrow strip of land connecting North and South America, significantly impacting ocean currents and global climate patterns, as well as migration of species.

Geographic Barrier

A physical or environmental feature that prevents the free movement of species, leading to genetic isolation and potentially speciation.

Allopatry

Occurs when populations are in separate, nonoverlapping geographic areas (that is, they are separated by geographic barriers to gene flow).

Horizontal Gene Transfer

The movement of genetic material between unicellular and/or multicellular organisms other than by the transmission of DNA from parent to offspring.