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What is expenditure dampening?

Updated: 4/28/2022
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9y ago

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Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.

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Q: What is expenditure dampening?
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Related questions

Give an explicit explanation of expenditure switching and expenditure dampening?

expenditure switching policy is a policy which government tends to switch the consumer's purchase on foreign goods to domestic goods whereas expenditure dampening policy which also known as expenditure reducing policy is a reducing the consumption of imported goods to ensure the balance of payment of a country to become worsen.


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