_____ strategies have limited growth implications since there is probably some limit on the potential level of internal consumption,particularly given income levels.

Question

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Import-substitution industrialization involves producing goods domestically in order to replace imports. This strategy may have limited growth implications since there is only a certain level of internal consumption, particularly given income levels. Once domestic demand reaches its limit, further growth may be difficult to achieve.

_____ Strategies Have Limited Growth Implications Since There Is Probably