Import substitution was popular during the 1950s and into the early 1980s. Which of the following economist/statesmen was known for his support of the import substitution argument?
A) Alexander Hamilton.
B) Milton Friedman.
C) John Maynard Keynes.
D) Raúl Prebisch.
Correct Answer:
Verified
Q1: The Bastable Test of the infant industry
Q2: Engel's law refers to:
A) a relationship between
Q4: In the two-sector learning-by-doing model by Grossman
Q5: The evidence suggests that import substitution policies
Q6: In the two-sector learning-by-doing model of Grossman
Q7: The terms of trade (ToT) refer to:
A)
Q8: Under certain circumstances, economic growth that increases
Q9: Hymans and Stafford (1995) present a model
Q10: Hymans and Stafford achieve their surprising result
Q11: According to material presented in Chapter 7,
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