As a number of more advanced Latin American economies begin to shift,at least in part,to EOI,some economists worry that
A) Latin America will never be able to compete with East Asia.
B) the First World has been so saturated with imported goods from China and other Asian exporting nations, that developed countries may not be able to absorb a large jump in additional Latin American industrial exports.
C) Latin American governments would have been better off if they stuck with an ISI model.
D) Latin American exports won't be able to compete with more cheaply produced exports from North Africa.
E) Asian countries would put up protective tariffs against Latin American products.
Correct Answer:
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