What is one weakness of import substitution industrialization (ISI) that limited its effectiveness in Latin America?
a. Wide-open markets deepened inequality.
b. Protectionist policies kept inefficient companies afloat.
c. Companies received more foreign investment than they could handle.
d. The growing upper class demanded more goods than companies could produce.
Answer: b
You might also like to view...
An unelected organization that carries out government policies is called
a. a bureaucracy. b. the legislative branch. c. the Supreme Court. d. corporations. e. an iron network.
Which of the following is true of India as a country?
A. India has been outperformed by Pakistan in terms of raising literacy rates. B. Unlike Pakistan, India refused the inheritance of the legal and governmental institutions established by the British. C. India is characterized by a tricameral parliamentary system. D. India's political institutions enjoy wide legitimacy among the population. E. India has a unicameral parliamentary system.
Realists argue that arming oneself is the best way to avoid war
Indicate whether this statement is true or false.
A _________ is a ban on trade.
A. coalition B. accord C. embargo D. deterrence