Global Technology Question

Business & Finance
Tutor: None Selected Time limit: 1 Day

Import substitution failed during the 1950s in Latin America because ________.

Question 2 options:

A) domestic companies felt exposed to the threats of foreign competition

B) protected enterprises required constant subsidizing and never competed globally

C) high quotas and tariffs did not generate enough revenue to support the government

D) local manufacturing firms required parts and labor from other nations

Apr 10th, 2015

C) high quotas and tariffs did not generate enough revenue to support the government

Apr 10th, 2015

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