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When the Australian economy was based on import- substitution manufacturing?
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∙ 9y ago
protectionist policies were emphasized
Sierra Flatley
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When the Australian economy was based on import-substitution manufacturing?
protectionist policies were emphasized
Difference between export promotion and import substitution?
what is d difference between import substitution and export promotion
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
What is the difference between mono product economy and import oriented economy?
Describe Nigeria's economy as Mono-product and import oriented economy
When the Australian economy was based on import-substitution manufacturing?
protectionist policies were emphasized
What is import substitution industrialisatoin?
what are the main criticism of import substitution industrialisation
Difference between export promotion and import substitution?
what is d difference between import substitution and export promotion
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
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 is the difference between mono product economy and import oriented economy?
Describe Nigeria's economy as Mono-product and import oriented economy
Types of trade policy?
import substitution(impex) and export promotion(exim)
What is a closed economy?
An economy that does not import or export goods
What is import oriented economy?
An import oriented economy is one where imports dominate trade. This means that exports are not possible or are not close to the import rate. Such an economy will reap the problems of high debt & what that brings on. Normally it will hurt the economy greatly.
What would be one effect of import substitution on the balance of trade of a country?
What would be one effect of import substition on the balance of trade of a country
