Barriers on foreign trade and foreign investment were
removed to a large extent in India since 1991. Justify
the statement.
Answers
Answered by
2
Answer:
Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991." 1) Due to this, imports and exports could easily flow between different countries. 2) It allowed the local producers to compete with products at global level, so that they could improve the quality of their product.
Explanation:
hope it will help you if correct please mark me as brainliest
Answered by
20
Explanation:
The removal of barriers meant that goods could be imported as well as exported easily and also foreign companies could set up their factories and offices in India. In addition, the government imposed much fewer restrictions of business activity within India who was allowed to take decisions freely.
HAVE A GREAT TIME AHEAD ☺️
Similar questions