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Concept
Domestic Industries
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Summary
Domestic Industries
refer to the
Sectors of an economy
that
Produce goods and services
within a
Country's borders
, contributing significantly to
National Economic Growth
and employment. They are often protected by
Government Policies
to enhance
Competitiveness against foreign industries
and ensure
Economic Stability
.
Concepts
Protectionism
Comparative Advantage
Tariffs
Subsidies
Import Quotas
Industrial Policy
Economic Nationalism
Trade Balance
Local Content Requirements
Globalization
Tariffs And Quotas
Trade Tensions
Relevant Degrees
Production 60%
Economic Situation and Trade Cycles 40%
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