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QUESTION
What is Import Substitution Industrialization (ISI)? Discuss the disadvantages. What are the benefits and disadvantages of the neoliberal policies
What is Import Substitution Industrialization (ISI)? Discuss the disadvantages. What are the benefits and disadvantages of the neoliberal policies that replaced ISI? What are the benefits of creating trading blocs such as MERCOSUR, NAFTA and so on?
