What is inward looking trade policy how relevant it is in the context of growth and development (answer in short)?
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Heya...
Inward looking trade strategy....
Meaning... It was the strategy refers to the policy of reliance on import substitution and protection to the domestic countries through import restrictions and import duties in the area of international trade....
Purpose.... To save foreign exchange and to promote domestic industries....
Other name.... Import substitution...
Inward looking trade strategy....
Meaning... It was the strategy refers to the policy of reliance on import substitution and protection to the domestic countries through import restrictions and import duties in the area of international trade....
Purpose.... To save foreign exchange and to promote domestic industries....
Other name.... Import substitution...
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Heya! !!
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here is ur ans
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here is ur ans
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