By adopting procurement policies, governments ________.

Question

Quizplus · Accepted Answer

Procurement policies adopted by governments often aim to promote domestic industries by restricting purchases to home-country suppliers. This is done to support domestic jobs and industries and to ensure that public funds are spent within the domestic economy rather than flowing abroad. This can increase domestic production and economic growth, rather than increasing the costs of production or incentivizing dumping.

By Adopting Procurement Policies, Governments ________