Why did numerous developing nations adopt import substitution strategies?

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Because the cost of imported products was decreasingBecause the value of their exported goods was risingBecause their terms of trade were worseningBecause their terms of trade were getting better

Explanation

Developing countries implemented import substitution policies primarily due to the decline in their terms of trade, meaning the relative prices of their exports compared to imports were deteriorating, prompting them to reduce dependence on foreign goods.