After a policy of import substitution has begun, a developing ...

[lidoalex]

After a policy of import substitution has begun, a developing country finds that employment has not risen significantly and that urban unemployment seems to be rising. Explain how these developments might be connected.
 
  What will be an ideal response?

Question 2

Which measure uses a common set of international prices for all goods and services produced?
 
  a. purchasing power parity income levels
  b. GNI price deflators
  c. foreign exchange rate conversions to U.S. dollars
  d. the exchange rate

[morrie123456]

Answer to Question 1

Modern sector enrichment with wage increases/migration/capital intensive industries.

Answer to Question 2

A

[lidoalex]

Thanks for the timely response, appreciate it

[vickybb89]

Gracias!