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Author Question: Which of the following is an element of import substitution industrialization? a. Aggressive ... (Read 41 times)

maychende

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Which of the following is an element of import substitution industrialization?
 
  a. Aggressive liberalization of open markets as much as possible
  b. Breaking up large public corporations into smaller, private companies
  c. Investments in energy and transportation to support advanced industry
  d. Discouraging foreign investment to prevent exploitation of low-wage workers

Question 2

Which of these developmental models requires a country's government to exercise the least amount of fiscal constraint?
 
  a. Neoliberalism
  b. Export-led growth
  c. The Washington Consensus
  d. Import substitution industrialization



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olivia_paige29

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Answer to Question 1

Answer: c

Answer to Question 2

Answer: d





 

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