Describe the advantages and disadvantages of each strategy


Problem

(Import Substitution Versus Export Promotion) Two strategies frequently used to stimulate economic development are export promotion and import substitution. Describe the advantages and disadvantages of each strategy.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe the advantages and disadvantages of each strategy
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