Inward looking trade policy was a step towards self reliance. Give reason
Dear Student
Inward looking trade policy is to support economic sectors. Through inward looking trade policy they depend less on other country for goods and try to produce more in the country and when we depend less on other country it makes us more dependent or self reliance. It increases domestic production and reduce the competition internationally.
Regards
Inward looking trade policy is to support economic sectors. Through inward looking trade policy they depend less on other country for goods and try to produce more in the country and when we depend less on other country it makes us more dependent or self reliance. It increases domestic production and reduce the competition internationally.
Regards