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32. Recent experience with import substitution in developing countries suggests that a. protected infant industries typically achieve a competitive level of efficiency within a 5-10
32. Recent experience with import substitution in developing countries suggests that a. protected infant industries typically achieve a competitive level of efficiency within
a 5-10 year time span.
b. protected infant industries typically achieve a competitive level of efficiency within a 20-40 year time span.
c. protected infant industries often do not achieve a competitive level of efficiency.
d. none of the above.
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