The exports-promotion strategy is aimed at producing
Answer Details
The exports-promotion strategy is aimed at producing more goods for exports.
An exports-promotion strategy is a set of policies and actions designed to increase a country's exports. The goal of such a strategy is to boost economic growth, create jobs, and earn foreign exchange for the country. One of the main ways to achieve this is by producing more goods that can be exported to other countries.
When a country produces more goods for export, it can increase its share of the global market and earn more foreign exchange. This can have a positive impact on the economy, as the increased foreign exchange can be used to import goods and services that the country may not be able to produce efficiently or to invest in infrastructure, education, and healthcare.
While the exports-promotion strategy may also lead to the production of consumer goods originally imported or machinery for industries, the primary aim of the strategy is to increase exports. Therefore, producing more goods for domestic consumption may not be the focus of this strategy.