. Which statement below best describes the purpose of ex ante evaluation (also known as investment analysis/assessment)?

(A) To confirm that projects (investments or policies) will be carried out in a manner that is consistent with their budgets.

(B) To precisely estimate the expected returns from a proposed investment or project before undertaking the investment.

(C) To provide an estimate how an investment or policy will effect different individuals/organizations in area served by the investment or project.

(D) To provide a structured forecast for predicting the private and social impacts of proposed investment.

Contrast Import-Substituting- Industrialization (ISI) strategy with Export-Led Growth (ELG) (hint: consider summarizing your answer to sub-question C in a table to easily summarize points).