What is the difference between import substitution and export orientation?
What is the difference between import substitution and export orientation? What is the difference between import substitution and export promotion? Import substitution replaces imports with local manufactures. It is meant to lower a country’s expenses. Export promotion pushes local production to manufacture for foreign markets. What is meant by import substitution? Import substitution is the … Continue reading What is the difference between import substitution and export orientation?
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