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what is d difference between import substitution and export promotion

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Q: Difference between export promotion and import substitution?
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What is export promotion and import substitution?

export promotion is exporting morn than import when production is more there is more export to other states and countries . import substitution means substituting import from one place to other.


Types of trade policy?

import substitution(impex) and export promotion(exim)


What is the difference between imported and exported?

Import is in Export is out.


The difference between important and export?

Export-sendImport-bring


When was Uganda Export Promotion Board created?

Uganda Export Promotion Board was created in 1996.


Who is the Minister of Minor Export Crop Promotion for Sri Lanka?

Reginold Cooray is the Minister of Minor Export Crop Promotion for Sri Lanka.


Meaning export promotion council?

Export Promotion Council's main objective is to promote and develop the exports of the country. Each Council is responsible for the promotion of a particular group of products, projects and services.


Meaning of export promotion?

Export promotion refers to that policy of the government that offers encouragement to the exporters with a view to enhance the export of the country. In order to achieve this objective they are given numerous incentives and facilities.


What is the importance of export promotion?

The importance of export promotion is to let other countries know what goods we have available for export. For economic reasons, a country needs to export more than it imports. The Commerce Department helps U.S. companies promote their goods through something called the Export Yellow Pages. This service is free to the companies.


Difference between domestic marketing and export marketing?

domestic marketing is in the country and export marketing is overseas


What is the difference between export house and buying house in textile industry?

one of the difference is that buying house is not responsible for arranging clients but export house is.


Write the difference between export and import?

Export is to send goods out of the country. Import is to bring goods into the country.