Question

 

What impact liberal policy on the import of technology could have on the indigenous development of technology?

25 Apr 2025
Answer :
Word Count : 616

The liberal policy on the import of technology refers to the easing of restrictions and tariffs on foreign technological goods and services, allowing for a greater influx of advanced technology from abroad into the domestic market. Such a policy can have several impacts on the indigenous development of technology in a country, which can be both positive and negative, depending on the context in which it is implemented.

On the positive side, a liberal import policy can serve as a catalyst for technological progress in the domestic market. By allowing access to advanced foreign technologies, countries can benefit from knowledge transfer and innovation. For instance, when domestic firms gain access to cutting-edge technology from foreign markets, they can incorporate these advancements into their ___ ____ __________ ______ __________ _____ _____.
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