4. India and Mexico both followed import-substitution policies after World War II. However, India went much further,

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4. India and Mexico both followed import-substitution policies after World War II.

However, India went much further, producing almost everything for itself, while Mexico continued to rely on imports of capital goods. Why do you think this difference may have emerged?

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International Finance Theory And Policy

ISBN: 9781292019550

10th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

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Question Posted: Oct 02, 2024 07:03 AM

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4. India and Mexico both followed import-substitution policies after World War II. However, India went much further,

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International Finance Theory And Policy

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