Which of the following is NOT a reason that countries adopted ISI?
A)Countries thought that having a manufacturing sector was a requirement for a modern society.
B)Countries thought relying on exporting primary goods would be disadvantageous in the long term.
C)Prominent international institutions endorsed ISI as an effective policy for encouraging development.
D)ISI was a popular plan of action as part of a broader reaction to colonialism and the desire for independence.
E)Politically significant domestic groups supported ISI policies.

Question

Quizplus · Accepted Answer

International institutions did not endorse ISI as an effective policy, with organizations such as the International Monetary Fund advocating for liberalization policies instead.

Which of the Following Is NOT a Reason That Countries