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

  Challenge the dominance of developed mncs

MNCs from emerging markets (such as India, China, Brazil) are beginning to challenge the dominance of developed MNCs - how might MNCs from North America, Europe, and Japan respond to these challenges?

  Discuss major cross cultural differences

Big businesses and small businesses now compete in a truly global economy. To be successful in another nation it is essential to understand and appreciate the cultural differences that exist.

  International capital movements can bring major gains

International capital movements can bring major gains both to the lending or investing countries and to the borrowing countries, through intertemporal trade and through portfolio diversification for the lenders/investors

  What would you predict will happen to nominal exchange rate

If the money supply in Mexico is increasing much more rapidly than the money supply in the United Sates, holding other factors constant, what would you predict will happen to the nominal exchange rate between the Mexican peso and the U.S. dollar

  Find which hotel room is cheaper for a us tourist

Suppose the U.S. dollar price of a British pound is $1.50; the dollar price of a euro is $1; a hotel room in London, England costs 120 British pounds; and a comparable hotel room in Hanover, Germany, costs 200 euro. A) Which hotel room is cheaper ..

  What has this meant for the us trade balance

The economy's Investment Function, indicates that when the expected real rate of interest increases agents in the economy respond and what happens to the import price of this tablet and the number of tablets imported into the US?

  Is international free trade beneficial or detrimental

Is international free trade beneficial or detrimental to the US economy? What are some of the arguments on both sides of the issue?

  Question about market structures

Suppose if airline industry was operating under other market structures, how would equilibrium price and quantity differ? Would it be higher, lower, or same?

  Question 1 preparation of a statement of profit or loss and

question 1 preparation of a statement of profit or loss and comprehensive income and a statement of financial

  Explain the so-called ricardian model of international trade

Explain the so-called "Ricardian" model of international trade, including its assumptions, and use this model to explain why and how both of the two countries considered countries gain from free trade between them. What determines the relative ext..

  Consider two countries that share the same technology

Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea

  The city of birmingham recently enacted a 1 percent surcharg

The city of Birmingham recently enacted a 1 percent surcharge on hotel rooms that will help pay for the city’s new stadium. Is this a tax? Why or why not?

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