In order to discourage the importation of manufactured go...
In order to discourage the importation of manufactured goods, a country should adopt
Import promotion strategy
Export led strategy
Liberal foreign exchange
Import substitution strategy
Correct answer is D
Import substitution industrialization is the idea that blocking imports of manufactured goods can help an economy by increasing the demand for domestically produced goods.
If the demand for a commodity remains constant as price increases, the commodity is said to be ...
The joint ventures operating in the Nigerian oil industry are between ...
The function that distinguishes commercial banks from the central bank is that the former ...
A downward sloping demand curve means that ...
In the case of highly or close complementary goods, the indifference curve is______ ...
The liability of the sole trader is ...
The demand for coffee and tea is ...
Public limited liability companies are democratic in nature because ...
Gold, diamond, iron ore and limestone are collectively referred to as ...