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This question pertains to international trade: a.Explain export promotion policies and import substitution policies with examples of countries that successfully or unsuccessfully pursued these policies.
This question pertains to international trade:
a.Explain "export promotion policies" and "import substitution policies" with examples of countries that successfully or unsuccessfully pursued these policies.
b.Why was one policy successful but not the other.
c.In your opinion, could all Pacific Island Countries possibly thrive had they followed the successful strategy between the two (combination of two strategy)? Why or why not?
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