Why Might A Country Choose To Diversify Its Economy To Increase Imports To Discourage Trade To Simplify Production To Minimize Risk?

Why Might A Country Choose To Diversify Its Economy To Increase Imports To Discourage Trade To Simplify Production To Minimize Risk? Diversification helps to manage volatility and provide a more stable path for equitable growth and development. Successful diversification is all the more important now in the wake of slowing global growth and the imperative