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Import-Substitution Industrialization (ISI) Is a Strategy for Economic Development That

Question 21

Multiple Choice

Import-substitution industrialization (ISI) is a strategy for economic development that depends upon:


A) Protectionist trade policies to reduce imports
B) Tight exchange rate controls
C) Strong subsidies for state-owned enterprises (SOEs) and domestically oriented private firms
D) All of the above
E) None of the above

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