How are countries that pursued import-substituting industrialization (ISI) linked to financial crises?
A) Financial crises in other countries limited how much an ISI country could import.
B) Countries that pursued ISI were more likely to experience a financial crisis,as they privatized too much of their domestic economies.
C) Countries that pursued ISI were more likely to experience a financial crisis,as they liberalized trade and were exposed to market fluctuations.
D) Countries that pursued ISI were more likely to experience a financial crisis,as they went deep into debt funding state expenditures.
E) Countries that pursued ISI were generally immune to financial crises,unlike those countries that were already developed.
Correct Answer:
Verified
Q1: If two countries had completely free trade
Q2: Enforcement of international law is typically up
Q3: How are the financial crises of the
Q5: The Heckscher-Ohlin model provides for the mobility
Q6: Which is NOT an example of institutions
Q7: What kind of monetary policy do consumers
Q8: International monetary policy creates Prisoner Dilemma-like scenarios
Q9: How is monetary policy similar to the
Q10: Which state is most likely to face
Q11: Why is it UNLIKELY that foreign aid
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents