How would the World Trade Organization (WTO)evaluate import substituting industrialization in the present period?

Question

Quizplus · Accepted Answer

The WTO is opposed to import substitution policies as they are typically protectionist and go against the principles of liberalization and free trade that the organization promotes. Such policies often involve the use of trade barriers, which can hinder the free flow of goods and services across borders. Therefore, the WTO would be critical of import substitution industrialization in the present period.

How Would the World Trade Organization (WTO)evaluate Import Substituting Industrialization