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What would be one effect of import substitution on the balance of trade of a country?
Wiki User
∙ 11y ago
What would be one effect of import substition on the balance of trade of a country
Wiki User
∙ 11y ago
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Difference between export promotion and import substitution?
what is d difference between import substitution and export promotion
Import export balance of trade?
Import-export balance of trade as captured in the Balance of Trade, is an economic measure of the country's imports ad exports, and their relationship.
When the Australian economy was based on import- substitution manufacturing?
protectionist policies were emphasized
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
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
Import export balance of trade?
Import-export balance of trade as captured in the Balance of Trade, is an economic measure of the country's imports ad exports, and their relationship.
When the Australian economy was based on import- substitution manufacturing?
protectionist policies were emphasized
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 is when a country's imports exceed it's exports?
If a country's export exceeds the import then the balance of trade is unfavorable.
Disadvantages and advantages of import substitution?
gererate employment
What are the Causes of balance of payments?
BOP is depend on the export and import of a particular country, because of economical recession in the world which has started from US which has affected the employment, the present employees lost their jobs, after loosing their job they are unable to meet their two ends in day it leads decrease in the demand of product which directly effect import and export of the product, if it increases import and decreases export their will be a imbalance between import value and export value that shows imbalance of balance of payments
How enterpreneurship lead to import substitution and utilization to local resources?
True
What is the difference between favourable and unfavourable balance of payment?
when import of a country decrease and export increase it is known as favourable balance of of payment and vice versa
Types of trade policy?
import substitution(impex) and export promotion(exim)
