JAMB Economics 2011 Objective — Question 38

Question 38 of 49 from the Joint Admissions and Matriculation Board (JAMB) Economics 2011 Objective paper, with the correct answer and a full explanation.

The import-substitution strategy of industrialisation is to encourage

A. A. large scale production
B. B. importation
C. C. exportation
D. D. domestic productionCorrect

Explanation

The import-substitution strategy is aimed at replacing imports with locally produced goods.

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