Most economists believe that import-substitution strategies have been quite successful around the world.

Name: Most economists believe that import-substitution strategies have been quite successful around the world.
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Most economists argue that import-substitution strategies, which aim to replace foreign imports with domestic production, often lead to inefficiency, higher costs for consumers, and limited economic growth compared to more open trade policies.

Most Economists Believe That Import-Substitution Strategies Have Been Quite Successful