Recapitulate the case for protectionism as it has been historically practiced in developing countries and discuss import-substitution-led

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■■ Recapitulate the case for protectionism as it has been historically practiced in developing countries and discuss import-substitution-led industrialization and the “infant industry” argument.

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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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