Explain the practical weaknesses of strategy

Assignment Help Business Economics
Reference no: EM133126435

Most developing countries in Africa, Asia, and Latin America adopted import substitution industrialization (ISI) as a strategy of growth and development. Develop an argument in support of ISI. Explain some of the practical weaknesses of this strategy and why results have not been always successful? 250-300 words

Reference no: EM133126435

Questions Cloud

Describe the advantages and disadvantages of tms : Describe the advantages and disadvantages of TMS's move to a "hybrid" decentralized IS structure - How did the new structure change decision rights?
Find the savings if any from buying instead of making : Company manufactured a certain part for use in its assembly operation. Cost per uni units of part is a total of P26.00 from the following: Direct labor is P12.0
Consumption matrix for an open productive economy : Construct a consumption matrix for an open productive economy consisting of three sectors. Use the Leontief Input-Output Model to show that the economy is produ
What is the amount of depreciation expense : What is the amount of depreciation expense to be recorded by Firm A for the first year of the lease if Firm A uses the straight line depreciation method
Explain the practical weaknesses of strategy : Most developing countries in Africa, Asia, and Latin America adopted import substitution industrialization (ISI) as a strategy of growth and development. Develo
Role of agricultural cooperatives : a)The role of agricultural cooperatives in economic development.
What is the firm carrying cost on accounts receivable : If National Co.'s annual sales are P3,375,000 and all sales are on credit, what is the firm's carrying cost on accounts receivable, using 360 days year
Discuss instruments of the financial markets : 1. Explain differences between fixed and floating exchange systems of currencies.
What are the reasons of impasse occurring : What are the reasons of impasse occurring? What kinds of measures may be used to break the impasse?

Reviews

Write a Review

Business Economics Questions & Answers

  Independence of the federal reserve system

Jane Peoples: "Independence of the Federal Reserve System is a scandal in an otherwise democratic country. The chairman and his banker cronies can tighten the money supply, raise interest rates, and throw the economy into a recession whenever they..

  Classmates regarding how international trade affects

Participate in a discussion with your classmates regarding how international trade affects our lives. You have a big stake in the politics of free trade versus international trade protections. As a buyer, your self-interest is hurt by tariffs and quo..

  According to the depreciation rates used by the company

According to the depreciation rates used by the company and described in the production cost report, if a company adds 50 new workstations at a cost of $75,000 each and also spends $10 million for an addition to its assembly plant to accommodate the ..

  What is the number of kilowatt hours of electricity produced

A state owned company is providing electricity at the price of $0.105 and faces the demand for electricity P=1.255-0.001Q. The company has a cost function C(Q)=100.625+0.105Q. Commonwealth of Pennsylvania sells the firm, and now the firm’s only goal ..

  Donor plans to give equal amounts of money

A wealthy businessman wants to start a permanent fund for supporting research on sustainability. The donor plans to give equal amounts of money for each of the next five years, plus one gift now (i.e., six donations in total), so that $100,000 per ye..

  They earn in a six-week grade reporting cycle

Children in poor neighborhoods have bleak outlooks on life and do not see much gain to studying. A recent experiment is paying children in poor neighborhoods $100 for each “A” they earn in a six-week grade reporting cycle. How does this affect behavi..

  Find the new optimal consumption bundle

Now assume that the price of good x increases to 6. Find the new optimal consumption bundle and show it in a graph.

  Calculate the overall payoffs for the tit-for-tat strategy

Let’s examine another strategy that we will call “Alternate.” The strategy is played as follows: start by colluding, then defect, and keep alternating (C,D, etc.) to the end of the game. Calculate the overall payoffs for the Tit-for-Tat strategy, the..

  Definition or understanding of globalization

Come up with own definition or understanding of globalization and pick some items or products that usually used and identify how globalization affects the items

  Current revolution a communications revolution

In what way (or ways) is the current Knowledge Revolution a child of the Industrial Revolution? Is this a new revolution or simply an extension of the 18th-century revolution? Given the history, is it perhaps more appropriate to call the current revo..

  Standard normal distribution curve-normal distribution curve

What is the difference between standard normal distribution curve and normal distribution curve?

  What is the lerner index equal

Given these market characteristics, what is the Lerner Index equal to (as a function of quantity)?

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