Costa Rican textile producers who successfully push Canadian textile products out of local Costa Rican markets have,in economic terms,accomplished what?

Question

Quizplus · Accepted Answer

The successful push of Canadian textile products out of local Costa Rican markets indicates that Costa Rican textile producers have achieved import substitution, which is the economic policy of replacing foreign imports with domestic production. This is achieved by imposing trade barriers, subsidies for local industries and other measures to encourage domestic production and consumption of goods and services.

Costa Rican Textile Producers Who Successfully Push Canadian Textile Products