Economy, asked by ms22881900, 4 months ago

help to restrict imports directly by encouraging domestic production.​

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Answered by rekharani48
0

Answer:

Import Substitution Strategy not only reduces an economy's dependence on the foreign goods but also provides impetus to the domestic firms. Government provides various financial encouragements, incentives, licenses to the domestic producers to produce domestically the import substituted goods.

Answered by Jenea
1

Answer:

One of my best research . Pic given above

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