Economy, asked by rakesh7784, 1 year ago

Describe the advantages and disadvantages of free trade in india

Answers

Answered by mercedesvalero2452

1

Advantages:
- Optimal use of natural resources
- Availability of all types of goods
- Specialisation
- Impediment in the Development Of Home Industries
Disadvantages :
- Impediment in the Development Of Home Industries
- Economic dependance
- Import of harmful goods such as spurius drugs or luxury articles
- Danger to Internal peace

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