Which of the following was NOT a result of import substitution policies in North Africa/Southwest Asia beginning in the 1950s?
A) National companies produced shoddy products unsuitable for sale in the global marketplace.
B) Muslim nations refused to follow import substitution policies because they were in violation of shari'a law.
C) Profits were quite low in companies producing the goods for local consumption.
D) The extension of government control into so many parts of the economy nurtured corruption.
Correct Answer:
Verified
Q252: After the Yom Kippur War, OPEC halted
Q253: A group of producers strong enough to
Q254: The formation of OPEC in 1971 precipitated
Q255: In general, the countries of North Africa/Southwest
Q256: The purpose of OPEC is to eliminate
Q258: The two Gulf States with the most
Q259: What is the main reason that the
Q260: Which of the following has NOT played
Q261: All secular countries exhibit which of the
Q262: The two countries that took more thoughtful
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