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How is import substitution industrialization "measured" in a particular sector?
  • a)
    By assessing the ratio of imports to the total availability of a product.
  • b)
    By analyzing the economic growth rate of a country.
  • c)
    By evaluating the level of foreign dependency in a specific sector.
  • d)
    By comparing domestic production to international standards.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
How is import substitution industrialization "measured" in a...
Import substitution industrialization (ISI) is "measured" by assessing the change in the ratio of imports to the total availability (imports plus domestic output) of a single product or category of products in a specific sector. If this ratio falls over time, it indicates that import substitution is taking place in that particular sector. This means that the country is reducing its reliance on imports and increasing domestic production of the product, which aligns with the goals of ISI.
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How is import substitution industrialization "measured" in a particular sector?a)By assessing the ratio of imports to the total availability of a product.b)By analyzing the economic growth rate of a country.c)By evaluating the level of foreign dependency in a specific sector.d)By comparing domestic production to international standards.Correct answer is option 'A'. Can you explain this answer?
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How is import substitution industrialization "measured" in a particular sector?a)By assessing the ratio of imports to the total availability of a product.b)By analyzing the economic growth rate of a country.c)By evaluating the level of foreign dependency in a specific sector.d)By comparing domestic production to international standards.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about How is import substitution industrialization "measured" in a particular sector?a)By assessing the ratio of imports to the total availability of a product.b)By analyzing the economic growth rate of a country.c)By evaluating the level of foreign dependency in a specific sector.d)By comparing domestic production to international standards.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How is import substitution industrialization "measured" in a particular sector?a)By assessing the ratio of imports to the total availability of a product.b)By analyzing the economic growth rate of a country.c)By evaluating the level of foreign dependency in a specific sector.d)By comparing domestic production to international standards.Correct answer is option 'A'. Can you explain this answer?.
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