gererate employment
disadvantages - 1. You need Import, Export license for this. 2. You have to cleared shipment with customs,
what is d difference between import substitution and export promotion
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.
Import substitution can enhance domestic industries by fostering local production, which can lead to job creation and economic growth. It reduces dependency on foreign goods, thereby increasing national self-sufficiency and resilience against global market fluctuations. Additionally, it can help improve the trade balance by lowering imports and encouraging exports. Lastly, import substitution can stimulate innovation and competition within local markets, potentially leading to better products and services for consumers.
Advantage: It may help the areas where it is being transported. Disadvantage: It is really expensive to import oil.
disadvantages - 1. You need Import, Export license for this. 2. You have to cleared shipment with customs,
what are the main criticism of import substitution industrialisation
disadvantages - 1. You need Import, Export license for this. 2. You have to cleared shipment with customs,
what is d difference between import substitution and export promotion
what are the advantages and disadvantages of moist method of cooking Import Top Equipments from China Contact Quality Manufacturers Now
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.
Advantages: - Extremely buoyant - Very soft & light - Low density with high strength Disadvantages: - Import costs may be high due to the origin being South America
Import substitution can enhance domestic industries by fostering local production, which can lead to job creation and economic growth. It reduces dependency on foreign goods, thereby increasing national self-sufficiency and resilience against global market fluctuations. Additionally, it can help improve the trade balance by lowering imports and encouraging exports. Lastly, import substitution can stimulate innovation and competition within local markets, potentially leading to better products and services for consumers.
Advantage: It may help the areas where it is being transported. Disadvantage: It is really expensive to import oil.
Explain how entrepreneurship can lead to import substitution and utilization of resources
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What are the disadvantages and advantages of liquor?