Why do developing nations want to industrialize? What is meant by import substitution? by exportoriented policies? What

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Why do developing nations want to industrialize? What is meant by import substitution? by export‐oriented policies? What are the advantages and disadvantages of each as a method of industrialization for developing nations?

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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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Question Posted: Oct 27, 2017 09:29 AM

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Why do developing nations want to industrialize? What is meant by import substitution? by exportoriented policies? What

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Developing nations want to industrialise for the following reasons To speed up their technological progress To create high paying jobs and reduce unem...View the full answer

International Economics

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