A method employed by a government to stimulate the economy by substituting domestic products for similar imported products. Import substitution may be encouraged through publicity campaigns, such as the "Buy American" campaign launched to decrease trade deficits in the United States, or enforced by means of tariffs and other trade barriers.

Related information about import substitution:

1. Import substitution industrialization - Wikipedia, the free encyclopedia
   Import substitution industrialization or "Import-substituting Industrialization" (often called ISI) is a trade and economic policy that advocates replacing foreign ...
    
2. What is import substitution? definition and meaning
   Definition of import substitution: Government strategy that emphasizes replacement of some agricultural or industrial imports to encourage local production for ...
    
3. import substitution (economics) -- Britannica Online Encyclopedia
   Economic policy adopted in most developing countries from the 1930s to the 1980s to promote industrialization by protecting domestic producers from the ...
    
4. import substitution: Definition from Answers.com
   import substitution A strategy for economic development which encourages industrial growth within a nation in order to reduce imports of manufactures,
    
5. Import Substitution Industrialization - ISI Definition | Investopedia
   An economic theory employed by developing or emerging market nations that wish to increase their self-sufficiency and decrease their dependency on ...
    
6. Henry Bruton, Import Substitution (Handbook of Development
   its people. The basic rationale of the import substitution strategy is that in order ... given to how import substitution ends or can be ended, once the country has ...
    
7. Import Substitution and Industrialization in Latin Amercia - JStor
   ments adopted Import Substitution Industrialization (ISI) as their principal method to achieve ... trializations, import substitution did not come entirely to an end.
    
8. Import Substitution and Industrialization in Latin Amercia - iSites
   ments adopted Import Substitution Industrialization (ISI) as their principal method to achieve ... trializations, import substitution did not come entirely to an end.