Import substitution industrialization in Latin America
A) relied on increased exports.
B) provided subsidies for exports.
C) shifted the bulk of exports away from primary commodities.
D) created disincentives to export.
E) Answers A and C are correct.
Correct Answer:
Verified
Q3: Indirectly,overvalued exchange rates in Latin America caused
A)a
Q4: Raul Prebisch was an Argentine economist who
Q5: The terms of trade (TOT)is defined
Q7: ISI policies were brought to an end
Q8: Proponents of ISI assumed that governments
A)were capable
Q9: Overvalued exchange rates were a persistent problem
Q11: The first phase of a typical cycle
Q14: Latin America
A)is significantly smaller than the NAFTA
Q31: What benefits did an overvalued currency offer
Q32: Describe the policies that would be associated
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents