Local firms can help in reducing unemployment in a country when?

A. land acquisition becomes centralized
B. imports of substitutes are reduced
C. waste in the firm is eliminated
D. subsidies to firms are decreased

Correct Answer: Option B

B. imports of substitutes are reduced

Explanation

Import substitution is a trade and economic policy which advocates replacing foreign imports with domestic production, it is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products.