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26 June, 01:36

Growing sugar beets for sugar, as an alternative to importing sugar made from sugar cane, is an example of

A) import substitution. B) a quaternary sector activity. C) flexible production. D) vertical disintegration. E) deindustrialization.

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  1. 26 June, 03:15
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    Answer: A) import substitution.

    Explanation:

    Import substitution is the process of replacing items sourced solely from other countries with domestic production/industries. It reduces or eliminates the reliance on importation and is usually put in place for key products.

    It is also practiced by developing countries or economies as a policy to reduce dependency on other countries, as well as limit the effects of foreign trade on the foreign exchange market.
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