Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Import substitution is a strategy under trade policy that abolishes the import of foreign products and encourages production in the domestic market.
Source: https://punchng.com/manufacturing-firms-bleed-as-high-raw-materials-cost-slows-growth/