Import substitution policy tends to be anti-trade, while outward looking development is pro-trade.

Name: Import substitution policy tends to be anti-trade, while outward looking development is pro-trade.
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Import substitution policy aims to promote domestic production and reduce imports, which can lead to restrictions on foreign trade. Outward looking development, on the other hand, emphasizes export promotion and greater integration with the global economy, making it more pro-trade.

Import Substitution Policy Tends to Be Anti-Trade, While Outward Looking