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Explain the import substitution industrialization strategy:

Explain the import substitution industrialization strategy: what are

the main goals of the strategy and how does a country industrialize using this strategy (what is the process/steps and the tools used)? It is often said that ISI was attacked from the left and the right: what does this mean and provide one example of a critique from the left and one example of a critique from the right (NOTE: do not use the example of failure to create employment because it applies to both the left and the right).

 
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