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What are the advantages and disadvantages of export promotion and import substitution industrialization?
Advantages of ISI
1. Increase in domestic employment
2. Reducing dependence on labour non-intensive industries such as raw resource extraction and export
3. Resilience in the face of a global economic shock ( such as recessions and depressions)
4. Less long-distance transportation of goods ( and concomitant fuel consumption and greenhouse gas and other emissions)
Disadvantages:
1. The industries it creates are inefficient and obsolete as they aren't exposed to internationally competitive industries which constitute their rivals and that the focus on industrial development impoverishes local commodity producers who are primarily rural.
2. Increase in unemployment internationally as world GDP decreases through the promotion of inefficiency.
What else can I help you with?
Difference between export promotion and import substitution?
what is d difference between import substitution and export promotion
What is the advantages and the disadvantages of improving your performance in a business environment?
One advantage is that you may get a promotion, pay raise, or bonus. There really are no disadvantages. Also, the "is" in your question should be an "are".
Types of trade policy?
import substitution(impex) and export promotion(exim)
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.
What are the disadvantages of FDI in connection with export promotion?
One of the disadvantages of the FDI in connection with export promotion is that it is affected with other conditions like the deterioration of the exchange rates. The other disadvantage is that the cost of exporting the perishable goods is high.
What are the advantages and disadvantages of sales promotion tools?
GRAVITY
Difference between export promotion and import substitution?
what is d difference between import substitution and export promotion
What is the advantages and the disadvantages of improving your performance in a business environment?
One advantage is that you may get a promotion, pay raise, or bonus. There really are no disadvantages. Also, the "is" in your question should be an "are".
An unexpected result of the Embargo Act was the?
promotion of industrialization at home.
Types of trade policy?
import substitution(impex) and export promotion(exim)
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.
What are the advantages of community nursing?
promotion opportunity
Advantages and disadvantages of the different consumers promotions?
The advantages of promotions usually end with more sales. It is the value of these sales to the business that can be the disadvantage. Not only does a promotion cost money to promote, but usually the promotion consists of a price reduction which means less capital for the company altogether. A promotion must always and foremost consist of a strong branding strategy to help reinforce the brand for future consumption and not just for thrift shoppers.
What are the advantages of always doing good at work?
To get promotion
What are the advantages of having personal websites?
Self Promotion/Resume, Portfolio showcase, experiment space, unique email address (you@yourname.com), full control over customization. Disadvantages - Costs, maintenance, hosting headaches.
What are the advantage and disadvantages of sales promotion methods?
The advantages of sales promotion methods are that they get more people interested in the product or into the business as well as let consumers try the product at a lower cost in hopes that they will later buy the product at full cost. The disadvantaged are cost and improper use of the methods for the product being sold.
What are the disadvantages of FDI in connection with export promotion?
One of the disadvantages of the FDI in connection with export promotion is that it is affected with other conditions like the deterioration of the exchange rates. The other disadvantage is that the cost of exporting the perishable goods is high.
