During the import substitution industrialization phase of its development, Middle/South America embarked on all of the following policies EXCEPT:

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Import substitution industrialization (ISI) strategies in Middle/South America focused on reducing foreign dependency through local production of industrialized products, implementing high tariffs on imports, and sometimes nationalizing certain industries to protect and promote domestic industries. However, the razing of poverty-stricken cities was not a policy associated with ISI. The approach was more about economic restructuring and less about urban planning or the destruction of existing urban areas.

During the Import Substitution Industrialization Phase of Its Development, Middle/South