Sophisticated theoretical arguments supporting import-substitution policies include
A) terms of trade effects.
B) scale economy arguments.
C) learning curve considerations.
D) the problem of appropriability.
E) domestic market failure arguments.
Correct Answer:
Verified
Q1: The United States, as it began its
Q2: The disappointment with import-substitution policies is in
Q4: General equilibrium considerations lead to the realization
Q5: Which trade strategy have developing countries used
Q6: The infant industry argument was an important
Q7: The infant industry argument calls for active
Q8: Q9: China's recent experience supports the proposition that Q10: The consensus today is that import-substitution protectionist Q11: 
A)
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