In place of import substitution, some Asian countries have instead:
A) supported export-led growth.
B) focused on developing agricultural production.
C) restricted trade to mostly occur with other Asian countries.
D) practiced extensive quantitative easing.

Question

Quizplus · Accepted Answer

Some Asian countries, such as Japan, South Korea, and Taiwan, have implemented strategies of export-led growth, where they focus on increasing exports rather than relying on importing goods. This has led to significant economic growth and success in these countries.

In Place of Import Substitution, Some Asian Countries Have Instead