The process by which a country attempts to reduce the import of manufactured goods at…

The process by which a country attempts to reduce the import of manufactured goods at home is described as?
  • A.
    export-promotion
  • B.
    import-substitution
  • C.
    industrialization
  • D.
    export-diversification
  • E.
    import-creation
Correct Answer: Option B
Explanation
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