Explain the difference between import substitution and export promotion.

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Economics Course Book 2020

ISBN: 9781382004961

2020 Edition

Authors: Jocelyn Blink, Ian Dorton

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Question Posted: Mar 02, 2024 06:00 AM

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Explain the difference between import substitution and export promotion.

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Import substitution and export promotion are two contrasting strategies that governments can use to influence a countrys trade patterns and economic d...View the full answer

Economics Course Book 2020

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