STEPS TO WRITE ESSAY 💡MAIN POINTS💡OVERVIEW

I. Introduction
- Brief explanation of the topic
- Thesis statement

II. Benefits of reducing imports
- Improved trade balance
- Reduction in current account deficit
- Avoidance of downward pressure on exchange rate
- Increase in domestic spending and economic growth
- Protection of infant and strategic industries
- Prevention of harmful products

III. Drawbacks of reducing imports
- Increase in production costs
- Decrease in international competitiveness
- Reduction in choice and competition
- Worsening of current account position
- Loss of tariff revenue
- Importation of beneficial products

IV. Analysis of the benefits and drawbacks
- Comparison of the benefits and drawbacks
- Explanation of how they affect the economy

V. Conclusion
- Restatement of thesis
- Summary of the benefits and drawbacks
- Final thoughts on the topic