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Q: What are the import substitution industries in srilanka?
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What is import substitution industrialisatoin?

what are the main criticism of import substitution industrialisation


Importance of import substitution?

Import substitution advocates replacing foreign imports with local production. It helps in stimulating economic growth: producing product locally might be cheaper as compared to importing them, and also it leads to development of industries which creates jobs for locals.


What does srilanka import?

They import many things. But tea coconut and rubber are mainly.


Difference between export promotion and import substitution?

what is d difference between import substitution and export promotion


What are the main industries in srilanka?

Farming and agriculture


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.


Disadvantages and advantages of import substitution?

gererate employment


Does srilanka export TEA?

Yes they import tea. It is a main impor item.


How entrepreneurship leads to import substitution and utilization of local resources?

Explain how entrepreneurship can lead to import substitution and utilization of resources


How enterpreneurship lead to import substitution and utilization to local resources?

True


What has the author Priyatosh Maitra written?

Priyatosh Maitra has written: 'The globalization of capitalism in Third World countries' -- subject(s): Capitalism, Case studies, Economic conditions, Economic policy 'The mainspring of economic development' -- subject(s): Economic conditions, Economic development, Industrialization 'Indian economic development' 'Import-substitution potential in East Africa' -- subject(s): Commerce, Import substitution, Industries


When the Australian economy was based on import-substitution manufacturing?

protectionist policies were emphasized