Industrialization can assist in bringing in foreign exchange by promoting the export of manufactured goods. This means that countries can generate revenue by selling their manufactured products to other countries. Here's how industrialization can contribute to this:

1. Diversification of the economy: Industrialization allows countries to diversify their economic activities beyond agriculture. By developing manufacturing industries, countries can reduce their dependence on agriculture and create alternative sources of employment and income. This diversification is important as it reduces the vulnerability of countries to fluctuations in agricultural markets and natural disasters.

2. Development of skilled workforce: Industrialization requires a skilled workforce to operate and manage manufacturing processes. Therefore, countries need to invest in education and training to develop a skilled labor force. This not only helps in the growth of industries but also enhances the competitiveness of the country's manufactured goods in the global market.

3. Increased production and productivity: Industrialization leads to increased production and productivity. Modern machinery and technology used in manufacturing processes can significantly enhance the efficiency and output of production. This allows countries to produce goods in larger quantities and at lower costs, making their products more competitive in the international market.

4. Export promotion: Industrialization enables countries to produce goods for export. By focusing on the production of manufactured goods, countries can take advantage of economies of scale and specialized production techniques. This can result in lower production costs and higher quality products, making them attractive for export. Governments can also provide incentives and support to local industries to boost their export potential.

5. Foreign direct investment (FDI): Industrialization often attracts foreign direct investment (FDI) as multinational corporations seek to establish production facilities in countries with competitive advantages such as lower labor costs, favorable business environments, and access to markets. FDI brings in foreign exchange through investments in factories, infrastructure, and technology, while also creating employment opportunities and transferring knowledge and technology to the host country.

In summary, industrialization can assist in bringing in foreign exchange by promoting the export of manufactured goods. By diversifying the economy, developing a skilled workforce, increasing production and productivity, and attracting foreign direct investment, countries can enhance their competitiveness in the global market and generate revenue through the export of manufactured goods.