Question

Import substitution and Export promotion

20 Feb 2025
Answer :
Word Count : 141
AspectImport SubstitutionExport Promotion
DefinitionPolicy aimed at reducing imports by producing goods domestically.Policy focused on encouraging domestic industries to export goods to foreign markets.
StrategyHigh tariffs, quotas, and restrictions on imports ____ ________ _____ ________ ______ _______.
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