Rationale Of Import Substitution Strategy

3249 Words Jan 15th, 2016 13 Pages
Rationale of Import substitution Strategy and Export Promotion Strategy in Developing Countries

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Abstract
This report highlights the importance of import substitution strategies and export promotional strategies that is adopted by the developing nations. Strategic business development helps in improving the trade practices, and reduces deficits in the trading activities. Through such methods, it is possible for the country to improve the earning rates through the trading activities. The process includes implementing changes with the trading practices, in the national and domestic market. Policy changes are introduced for increasing the business performances and improve the trading practices for the nation. Business barriers are identified and the appropriate measures are introduced for finding the substitutes for the import of the products from the foreign market.

Contents

1Rationale of Import substitution Strategy and Export Promotion Strategy in Developing Countries ?
2Abstract ?
4Introduction ?
4Literature review ?
8Analysis step-by-step ?
11Conclusion ?
12References ?
?

Introduction

This report analyse the import substitution policies and export promotional strategies followed by some of the developing nations in the world. The trade practices include increasing the exports of the products into different nations, as it improves the economic…
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