Business Studies, asked by shahamatmalik, 9 months ago

Discuss the merits & demerits of import substitution policy- 

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Answered by priyakumari000000
1

Answer:

ADVANTAGES & DISADVANTAGES OF IS  Advantages • Increase in domestic employment. Reduced dependence on labor non intensive industries.  Only those industries should be included in the program of import substitution whose products have adequate domestic or international demand existing or potential.

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