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Question 48Asked in RRB JE CBT-1, 20 Feb 2026, Shift 1 (9:00 AM)

Which economic model advocates that developing countries should prioritize import

Which economic model advocates that developing countries should prioritize import substitution over free trade to promote economic development?
  1. AComparative Advantage Theory
  2. BNeoliberalism
  3. CExport-led Growth Model
  4. DImport Substitution Industrialization
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Correct answer: (D) Import Substitution Industrialization

From RRB JE CBT-1 PYQ 20 Feb 2026, Shift 1 (9:00 AM)

This is question 48 of RRB JE CBT-1 PYQ 20 Feb 2026, Shift 1 (9:00 AM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.