Industry and trade in some developing countries

by I. M. D. Little

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First published: 1970 1 language ISBN: 0192153293
Description
In this country, and especially since the second world war, industraialization in developing countries has typically ment import substitution. Industries have been set up to produce goods that were previously imported, and these goods have mainly been sold in the home market. Governments have ensured the profitability of these industries by protecting them against competing imports through tariffs and controls.

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