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    Exam 11: Trade Policy in Developing Countries
  5. Question
    It Is Argued That Import Substitution Is a Misguided Trade
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It Is Argued That Import Substitution Is a Misguided Trade

Question 28

Question 28

Essay

It is argued that import substitution is a misguided trade policy if the intent is to promote long-term economic growth. Explain the reasons underlying this argument.

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Import substitution promotes that econom...

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