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What is one criticism of import substitution industrialization?a)It promotes international trade and economic cooperation.b)It leads to efficient and competitive domestic products.c)It may result in the production of inferior and obsolete goods.d)It reduces a country's reliance on foreign imports.Correct answer is option 'C'. 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 What is one criticism of import substitution industrialization?a)It promotes international trade and economic cooperation.b)It leads to efficient and competitive domestic products.c)It may result in the production of inferior and obsolete goods.d)It reduces a country's reliance on foreign imports.Correct answer is option 'C'. 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 What is one criticism of import substitution industrialization?a)It promotes international trade and economic cooperation.b)It leads to efficient and competitive domestic products.c)It may result in the production of inferior and obsolete goods.d)It reduces a country's reliance on foreign imports.Correct answer is option 'C'. Can you explain this answer?.

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