jsanc3h4oleBrand jsanc3h4oleBrand

05-08-2016
Social Studies

contestada

Can someone explain me the difference between expenditure-dampening and expenditure-switching policies?

Respuesta :

andriansp andriansp

07-08-2016

Expenditure switching policy is a policy which government tends to switch the consumer's purchase on foreign goods to domestic goods

Expenditure dampening policy is reducing the consumption of imported goods to ensure that the balance of payment of a country becomes better

hope this helps

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