The Process of Import Substitute
Understanding Import Substitution
Test your knowledge on the concept of import substitution and its impact on various products and industries. This quiz will challenge your understanding of economic principles and real-world applications.
- Identify key products affected by import substitution
- Explore the implications of import substitution strategies
- Enhance your knowledge on economic policies
A good example of Import Substitution can be ........
Meat
Sports
Cigarettes
Technology
Mark two products that had a major impact thanks to import substitution.
Vechicles tires
Sports equipment
Milk
Pharmaceutical products
It was important for countries to have a merchant ............ To export
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