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    International Economics Study Set 12
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    Exam 7: Trade Policies for the Developing Nations
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    Export Promotion Policies Attempt to Encourage Production of Goods for Sale
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Export Promotion Policies Attempt to Encourage Production of Goods for Sale

Question 129

Question 129

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Export promotion policies attempt to encourage production of goods for sale overseas, which fosters additional export revenues; import substitution policies attempt to replace imported goods with domestic production.

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