What are the factors on which import substitution strategy was based on? I. Non price II. Physical interventionist policies like licensing. Quotas and other physical restrictions on imports

What are the factors on which import substitution strategy was based o

1.	What are the factors on which import substitution strategy was based on? I. Non price II. Physical interventionist policies like licensing. Quotas and other physical restrictions on imports
A.	only II
B.	Only I
C.	Both I & II
D.	None of the above
Answer» D. None of the above

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What are the factors on which import substitution strategy was based on? I. Non price II. Physical interventionist policies like licensing. Quotas and other physical restrictions on imports

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