QUESTION FEB 17, 2019 Explain “export promotion policies” and “import substitution policies” with examples of countries that successfully or unsuccessfully pursued these…

Explain “export promotion policies” and “import substitution policies” with examples of countries that successfully or unsuccessfully pursued these policies. Why was one policy successful but not the other? In your opinion, could all LDCs possibly thrive had they followed the successful strategy between the two? Why or why not?

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