Which of the following was NOT an effect of import substitution industrialization (ISI) ?
A) It achieved rapid economic growth.
B) Industries that received government subsidies had less incentive to produce
C) Particular groups - such as commercial farmers and union workers - benefited under ISI and provided a strong base of support for this development strategy.
D) It led to a decrease in urban and rural poverty.
E) It led to the development of a sizeable informal sector in Mexico.
Correct Answer:
Verified
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