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.

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.

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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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.