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What were reason for decline in import-substituting strategy

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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?

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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?

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What were reason for decline in import-substituting strategy

Reference no: EM13868702

Reference no: EM13868702

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