Some argue that export-led industrialization will not work for most nations because

Question

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The idea that export-led industrialization will not work for most nations because successful NICs have crowded out other potential nations from the global market suggests that countries that have successfully implemented this strategy have created significant competition for other countries looking to do the same. This competition may make it difficult for other developing nations to break into the global market and be successful with a similar strategy.

Some Argue That Export-Led Industrialization Will Not Work for Most