Multiple Choice
What is import substituting industrialization (ISI) ?
A) A policy of importing goods that are necessary for promoting industrialization.
B) A policy of promoting industrialization to replace foreign goods with domestically produced goods.
C) A policy of encouraging free trade as a means of industrializing quickly.
D) A policy of encouraging the use of alternative resources necessary to fuel industrialization.
E) A government policy of obtaining foreign technology as a means of encouraging industrialization.
Correct Answer:
Verified
Correct Answer:
Verified
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