Question

Any4 bad impacts of inward trade strategies

Answer 1

Answer:

Restricts outflow of foreign reserves of the government. It restricts competition, improved quality of goods and services. Restricts import of new technology and ideas. Increases inefficiency of the domestic producers.

Answer 2

Explanation:

Restricts outflow of foreign reserves of the government. It restricts competition, improved quality of goods and services. Restricts import of new technology and ideas. Increases inefficiency of the domestic producers.