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Author Question: One of the reasons that import substitution is popular is that a. there was never any demand for ... (Read 81 times)

Evvie72

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One of the reasons that import substitution is popular is that
 a. there was never any demand for the products in question
  b. infant industries would have to compete against global rivals
  c. it benefits suppliers to the favored domestic industries
  d. it slows down the progression through the production chain
  e. the emphasis is on comparative advantage and trade expansion

Question 2

At the end of the production chain that a typical economy moves up along is
 a. raw material
  b. agriculture
  c. hunting and gathering
  d. services
  e. manufacturing



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mceravolo

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Answer to Question 1

C

Answer to Question 2

D




Evvie72

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


connor417

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Reply 3 on: Yesterday
Wow, this really help

 

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