Import Substitution

Import Substitution


Legal English Vocabulary: Import Substitution in Spanish

Online translation of the English legal term import substitution into Spanish: sustitución de importaciones (English to Spanish translation) . More about legal dictionary from english to spanish online.

Related to the Legal Thesaurus

Import substitution in Global Commerce Policy

In this regard, import substitution is: a policy for the development of a domestic productive capacity in goods and services with the aim of reducing or displacing imports, often with the expectation of increases in employment and reductions in the current account deficit. Countries practising import substitution often find that their foreign exchange reserves do not show any improvement at all, partly because they still have to import capital goods. To the extent that this policy involves restrictions on imports or domestic subsidies, it raises domestic costs and limits a country’s exports.[1]

Import substitutionin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.


Notes and References

  1. Dictionary of Trade Policy, “Import substitution” entry (OAS)

See Also


See Also

  • International Trade
  • Trade Regulation
  • International Economic Law
  • Export License
  • International Trade Law
  • Foreign Trade
  • Safeguard

Hierarchical Display of Import substitution

Trade > Trade policy > Import policy

Meaning of Import substitution

Overview and more information about Import substitution

For a more comprehensive understanding of Import substitution, see in the general part of the online platform.[rtbs name=”xxx-xxx”]


Translation of Import substitution

Thesaurus of Import substitution

Trade > Trade policy > Import policy > Import substitution

See also





Leave a Reply

Your email address will not be published. Required fields are marked *