Multiple Choice
Which of the following factors contributed to the exhaustion of import substitution as a develoment policy in Latin America?
A) Factories began to produce for export rather than domestic markets.
B) Not enough labor was available to staff factories..
C) Domestic tariff barriers discouraged factory owners from modernizing to compete with factories in the first world.
D) Latin American employees were unwilling to work hard
Correct Answer:

Verified
Correct Answer:
Verified
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