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  • avatar image

    Quick question annie1996

    So this question came up in my

    Mocks and I can't seem to find the answer anywhere in my book

    Outline one effect of import substitution on the balance of payments of a country.

    Would anyone know the answer to this ?

    1. avatar image

      Re-Rawrr

      I'm not sure if this is the correct answer but I think that an effect of import substitution on the balance of payments would be that there would be a higher surplus or the imports would be lower as many people would be buying Irish made goods

    2. avatar image

      ronanmurray

      Yeah that's right the imports go down so the surplus would go up

    3. avatar image

      mathswhiz101

      or defecit would go down

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      Me

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