Multiple Choice
Which trade strategy have developing countries used to restrict imports of manufactured goods so that the domestic market is preserved for home producers, who thus can take over markets already established in the country?
A) international commodity agreement
B) export promotion
C) multilateral contract
D) import substitution
Correct Answer:

Verified
Correct Answer:
Verified
Q80: Developing countries have often argued that their
Q81: Import substitution decreases reliance on international trade
Q82: The advanced (industrial) countries of the world
Q83: Import substitution policies make use of<br>A) tariffs
Q84: Figure 7.3. World Oil Market <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7110/.jpg"
Q86: Among the economic problems facing developing countries
Q87: Figure 7.3. World Oil Market <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7110/.jpg"
Q88: The diagram below illustrates the international tin
Q89: Stabilizing commodity prices around long-term trends tends
Q90: Recent trade patterns indicate that most of