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Ilya [14]
3 years ago
14

Define what import substitution industrialization (ISI) is. Explain, in detail, how ISI may help economic development and give e

xamples of ISI policies in less-developed countries. Finally, discuss the main problems with ISI strategies.
Business
1 answer:
klio [65]3 years ago
6 0

Answer: The answers are provided below.

Explanation:

Import substitution industrialization is a theory that is used by developing countries to reduce their dependence on the developed countries. Import substitution industrialization is used to protect infant industries and develop other sectors so that locally produced goods are competitive with the imported goods.

An example was used by Argentina in the 1970s as the country imposed high tariffs on imported goods and encouraging local production of leather and textile and also make the economy self sufficient and protecting local firms from foreign competition.

The main issues with import substitution industrialization is that it can lead to inefficiency on the part of local firms due to lack of competition from foreign firms. The benefits to be derived from specialisation and trading with another country may also not be gotten.

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Context content and culture are
Black_prince [1.1K]

Complete Question:

Context, content and culture are:

O Important ethical concepts

O Important marketing concepts

O Corporate ethics policy

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Answer:

Context, content and culture are:

O Three dimensions of evaluating corporate gifts.

Explanation:

Corporate gifts may turn out to be regarded as bribery if they are meant to induce the other party to alter their behaviors.  This is why in evaluating corporate gifts, the criteria have always included the context (the circumstances in which the gifts are given), the content (how much is given), and the culture (the accepted general practice in a particular industry, locality, or region).  Generally, corporate gifts are given either as means of showing appreciation, creating positive first impression, or returning some favors.

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The coupon rate is the rate of interest that the issuer of the bond must pay. (II) The coupon rate is usually fixed for the dura
lyudmila [28]

Answer:

TRUE

Explanation:

The coupon rate for a bond is fixed and is paid by the issuer of the bond to the bondholder. The cash outlay/inflow to the issuer/bondholder is always the same reardless of the market rate.

The effect of the market rate is on the cost to acquire the bond in the secondary market. It do not change the coupon obligation.

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3 years ago
Scenario: assume that you are a cashier and your manager requires that you immediately enter each sale when it occurs. recently,
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olganol [36]

Answer:

$50

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If I decide to go to the game, I forgot the opportunity of selling the ticket for $50 which is the next best use of the ticket.

I hope my answer helps you

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