The substitution of traditional imports by increasing domestic industrial production in Latin America began to fail in the 1960s because
a. they often lacked sufficient labor to allow them to compete with foreign manufacturers.
b. Japan refused to buy any goods from countries using import-substitution.
c. domestic markets were too small and countries were unable to find enough foreign buyers.
d. United States firms effectively stifled attempts to establish industry in Latin America.
e. foreign capital costs and a welter of other, highly technical problems fatally weakened attempts to expand Latin American industry.
Question 2
Which of the following is a correct statement about postwar Canadian political development?
a. Lester Pearson advocated political union with the United States.
b. The Liberal Party created Canada's welfare state.
c. Brian Mulroney opposed a free trades agreement with the United States that was very well received by all Canadians.
d. Quebec was granted independence in 2006, as a result of the national referendum.
e. Vast oil reserves were discovered off the coast of British Columbia.
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