What is the policy of import substitution? Has this policy worked for the developing countries? If not,

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What is the policy of import substitution? Has this policy worked for the developing countries? If not, what are the problems of this policy?
Mention any two benefits of export promotion policy.

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Mar 01, 2017 01:19 PM

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What is the policy of import substitution? Has this policy worked for the developing countries? If not,

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It is adopted in most of the developing countries from 1930 to 1980 for promoting industrialization ...View the full answer

Macroeconomics

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