How does a nation go about instituting a policy of import substitution? What is a likely result

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How does a nation go about instituting a policy of import substitution? What is a likely result of such a policy?

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 23, 2024 08:41 AM

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How does a nation go about instituting a policy of import substitution? What is a likely result

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Import substitution is a strategy pursued by countries to reduce their dependence on imported goods by producing domestically what they would otherwis...View the full answer

Economics

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