Import Substitution Policies Make Use Of

question 28

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 advantages
• D) Tax breaks granted to industries with comparative advantages

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Definitions:

Quality Products

Goods or services that meet or exceed customer expectations in terms of durability, reliability, and performance.

Design Challenge

A problem or situation that requires a creative and strategic approach to find a solution through design methods and thinking.

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The process by which individuals over the age of adulthood engage in learning activities via internet-based platforms or resources.

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