What were reason for decline in import-substituting strategy

Assignment Help International Economics
Reference no: EM13868702

1. India and Mexico both followed import-substitution policies after World War II. However, India went much further, producing almost everything for itself, while Mexico continued to rely on imports of capital goods. Why do you think this difference may have emerged?

2. What were some of the reasons for the decline in the import-substituting industrialization strategy in favor of a strategy that promotes open trade?

Reference no: EM13868702

Questions Cloud

Representative of the environmental protection agency : A representative of the Environmental Protection Agency (EPA) wants to select samples of 5 landfills. The director has 10 landfills from which she can collect samples. How many different samples are possible?
Determine whether GDP will be underestimated : Determine whether GDP will be underestimated or overestimated in each of the following:
What is the GDP growth rate : A) nGDP is $5 trillion in Yr 1 and $5.4 trillion one year later. What is the GDP growth rate?
Does age determines wages of baseball players : Select any research idea that you are interested. Write down a research question. For example, I am interested in the Salary of baseball players. My research question is "Does age determines wages of baseball players?"
What were reason for decline in import-substituting strategy : What were some of the reasons for the decline in the import-substituting industrialization strategy in favor of a strategy that promotes open trade?
Technology change that would further reduce hospital use : US national health expenditure was $7,026 per person in 2006 and $4,790 in 2000. The Consumer Price Index had a value of 201.6 in 2006 and a value of 172.2 in 2000. Adjusted for inflation, how much was spending in 2000? Why has the share of healthcar..
Emotional and social development of young people : Your assignment is to review one article related to specific areas of educational psychology referenced below. Article Topic: The Physical, Emotional, and Social Development of Young People and the Relationship of these to Learning Readiness and to ..
Mandatory health insurance plan : A mandatory health insurance plan costs $4,000. One worker earns $24,500 in employment income and $500 in investment income. Another worker earns $48,000 in employment income and $2,000 in investment income. Which of the payment systems in Exercise 1..
What is equilibrium price and quantity : Consider a free market with demand equal to Q= 1000 – P and supply equal to Q = 20P. What is the equilibrium price and quantity?

Reviews

Write a Review

 

International Economics Questions & Answers

  Application of the theory of the second best to economics

"The theory of the second best leaves welfare economists 'high and dry' since not only does it abolish the established objectives of first-best situations,

  How do the international strategies affect the trade-offs

Why should a firm choose a global strategy rather than a multidomestic strategy? 2. How might a country's regulatory environment impact a firm's international strategy? 3. How do the international strategies affect the trade-offs managers must make ..

  What way was better for us to receive foreign investment

In the 1990 and the first decade of the 2000s investors from the Asian economies of Japan and China made significant direct and portfolio investments in the US. At the time, many Americans were unhappy that this investment was occurring.

  Immigration of production workers

Several industrialized nations such as the U.S. attempt to seriously restrict immigration of production workers, but are more open to immigrants who are highly skilled.

  Extensions and issues

Exam: 050476RR - EXTENSIONS AND ISSUES; INTERNATIONAL ECONOMICS - The very poorest low-income developing countries typically have relatively and which one of the following groups of economists is most likely to favor annually balanced federal budgets..

  Refer to either a current intermediate accounting text

Refer to either a current intermediate accounting text or a guide to current “generally accepted accounting principles.” Give at least one example for each of the four cells of Exhibit 9-1 (your instructor may desire to modify this problem).

  Find the average labor productivity in us and russia

A study conducted by the Moscow-based management consulting firm Strategy Partners found that the average labor productivity in Russia is only 17 percent of labor productivity in the United States. What factors would cause U.S. labor productiv..

  Give the significant trend of declining oil price

Accordingly, many analysts in the energy field have had predicted the likelihood of further decline in oil price in the US market as the US continues to expand its domestic oil production with a long term objective of becoming even net exporter of..

  Describe the growing power of china and india

describe the growing power of China and India. In a small group, research demographic and economic trends related toChindia's power and its impact on marketers in the Asia.

  Describe the advantages and disadvantages of the uk erm

The UK entered the European Exchange Rate Mechanism (ERM) in October 1990 at 2.95 Deutsche mark per pound and agreed to keep the pound within a range of ±6% against other member currencies of the ERM.

  Examine any foreign currency of your choice

Examine any foreign currency of your choice (preferably one from an emerging market), and provide analysis of that currency against the U.S. dollar over the 5-year period ending with 2010.

  If demand in the united states is given by q1 7200 - 300p1

if demand in the united states is given by q1 7200 - 300p1 where p1 is the price in the united states and if the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd