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Choose the statement that best describes import-substituting industrialization (ISI) and export-oriented industrialization (EOI).Both the ISI and EOI framework use trade policies to promote industrial development, encouraging rent-seeking behavior and political corruption.Both ISI and EOI use trade policies to promote industrial development, but only EOI policies led to rent-seeking behavior and political corruption.Only the ISI framework iuses trade policies to promote industrial development, but both the ISI and EOI approach results in rent-seeking behavior and political corruption.Only the EOI framework uses trade policies to promote industrial development, but both the ISI and EOI approach results in rent-seeking behavior and political corruption.
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