In the past, some governments have favored being selfsufficient and only import products that cannot be produced
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In the past, some governments have favored being selfsufficient and only import products that cannot be produced domestically. Do you believe that this is a sound economic policy? Explain.
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The policy of favoring selfsufficiency and only importing products that cannot be produced domestically known as import substitution has been pursued ...View the full answer
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