When the Australian economy was based on import-substitution manufacturing,

A. domestic production assured national prosperity.

B. protectionist policies were emphasized.

C. domestic manufacturing was discouraged.

D. expansionist policies were emphasized.

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History

Darius Fitzpatrick

17 April, 01:11

When the Australian economy was based on import-substitution manufacturing,

A. domestic production assured national prosperity.

B. protectionist policies were emphasized.

C. domestic manufacturing was discouraged.

D. expansionist policies were emphasized.

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Answers (1)

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Gaven Singh · Answer 1

"D. expansionist policies were emphasized" since import-substitution manufacturing is difficult to sustain, and is less preferable to domestic manufacturing since there are tariffs involved.

When the Australian economy was based on import-substitution manufacturing,A. domestic production assured national prosperity.B. protectionist policies were emphasized.C. domestic manufacturing was discouraged.D. expansionist policies were emphasized.

When the Australian economy was based on import-substitution manufacturing,

A. domestic production assured national prosperity.

B. protectionist policies were emphasized.

C. domestic manufacturing was discouraged.

D. expansionist policies were emphasized.