In most less developed countries,the initial target of import substitution is to promote domestic production of
A)consumer goods.
B)food and other agricultural goods.
C)capital goods.
D)manufactured intermediate goods.

Question

Quizplus · Accepted Answer

The initial target of import substitution in most less developed countries is to promote domestic production of consumer goods. This strategy aims to reduce imports by encouraging local production of goods that were previously imported, starting with simpler consumer products due to their relatively lower complexity and the immediate demand within the domestic market.

In Most Less Developed Countries,the Initial Target of Import Substitution