Import substitution policy is used to

ECONOMICS
JAMB 2006

Import substitution policy is used to

  • A. protect local industries
  • B. check government expenditure
  • C. correct the balance of payments problem
  • D. encourage increased volume of trade

Correct Answer: C. correct the balance of payments problem



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.