Question

Discuss Foreign Trade policies.
​

Answer 1

Answer:

Here's Your Answer

Explanation:

Foreign trade in India includes all imports and exports to and from India. At the level of Central Government it is administered by the Ministry of Commerce and Industry. Foreign trade accounted for 48.8% of India's GDP in 2018.

Answer 2

Answer:

FOREIGN TRADE POLICIES: Policies enacted by the government sector of a domestic economy to discourage imports from, and encourage exports to, the foreign sector. The three most common foreign trade policies are tariffs, import quotas, and export subsidies.