characteristics of EXIM policy in india
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Provisions were made to levy low custom duties an imports which were used as inputs for production of export goods. Imports were linked to the availability of foreign exchange generated through exports. Import duties were gradually reduced and the objective was to equal the same with other countries of the world.
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Answer:
Provisions were made to levy low custom duties an imports which were used as inputs for production of export goods. Imports were linked to the availability of foreign exchange generated through exports. Import duties were gradually reduced and the objective was to equal the same with other countries of the world.
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