Supply Chain Management

Category - Global Management

1930s regionalism was motivated by the desire to pursue ______________development at a regional level in developing countries.
  1. Export substitution
  2. Import substitution
  3. Both
  4. None of the above.
Explanation
Answer: B - 1930s regionalism was motivated by the desire to pursue import substitution development at a regional level in developing countries in order to insulate a region from the world economy and to stabilize and foster the economy at a regional level.
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