To promote industrialization, import-substitution strategy has been adopted by developing economies
Question # 00121181
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Updated on: 10/20/2015 03:42 PM Due on: 11/19/2015
1. To promote industrialization, import-substitution strategy has been adopted by developing economies to promote industrialization in the domestic economy.
a. Provide 3 key advantages for adopting this strategy.
b. Provide 3 key disadvantages to the domestic economy from this policy.
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Rating:
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Solution: To promote industrialization, import-substitution strategy has been adopted by developing economies