Compare Import Substitution and Export Promotion — two strategic trade policies shaping economic growth. Import substitution focuses on reducing reliance on foreign goods by boosting domestic industries, while export promotion drives global market expansion and foreign exchange earnings. Each approach has unique benefits and challenges for productivity, competitiveness, and trade balance. Understand which strategy works better for specific economic goals and development stages. . https://oneunionsolutions.com/blog/import-substitution-vs-export-promotion-which-strategy-works-better