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GalinKa [24]
3 years ago
11

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

Social Studies
1 answer:
mixer [17]3 years ago
7 0
<span>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</span>
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