One of the reasons that import substitution is popular is that:

A) it increases the quality of products.
B) infant industries would have to compete against global rivals.
C) it benefits suppliers of resources to the favored domestic industries.
D) it slows down the progression through the production chain.
E) the emphasis is on comparative advantage and trade expansion.

Import Substitution

A strategy aimed at reducing foreign dependency through the domestic production of previously imported goods.

Infant Industries

Newly established industries that may not yet be competitive in the global market without protection or support from the government.

Global Rivals

Competitors that operate in multiple countries around the world, often vying for market share in the same industry sectors.