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Measures undertaken to lower level of imports

Measures undertaken to lower level of imports

Answers


Peter
i) Raising import duty
ii) Imposing a quota / limiting maximum quantity which can be imported
iii) Lowering allocation of foreign currency
iv) Complicating import procedures / administrative bottlenecks
v) Moral persuasion on citizens to consume local products
vi) Imposing a total ban/ zero quota on imports
vii) Over-valuation of local currency

Musyoxx answered the question on March 10, 2018 at 08:55

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