Economic policy in which a country encourages the production of goods

that the country had been importing.

Industrialization by import substitution.

Explanation:

Import Substitution Industrialization (ISI) is an economic theory that argues that a country, to achieve its development, must transform the raw materials it has instead of exporting them. That is, according to this current of thought, the State should encourage the local manufacture of first-order goods that reach the final consumer.