In 1960 to 1970 how do goverment handle the problem of foreign exchange
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by applying trade barrier.....
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They removed trade barriers for easier flow of goods
Due to fallowing reasons, the Government of India removed trade barriers
(i) India was lacing a serious/economic crisis because of slow economic growth, inefficient public enterprises, high inflation and rising fiscal defecit.
(ii) The Government of India decided that the time had come for Indian producers to compete with producers around the globe.
(iii) The decision to remove trade barriers was supported by powerful international organisations like IMF, WTO, etc.
(iv) Removing barriers or restrictions set by the government is known as liberalisation.
:) Hope this helps !!!!!
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Due to fallowing reasons, the Government of India removed trade barriers
(i) India was lacing a serious/economic crisis because of slow economic growth, inefficient public enterprises, high inflation and rising fiscal defecit.
(ii) The Government of India decided that the time had come for Indian producers to compete with producers around the globe.
(iii) The decision to remove trade barriers was supported by powerful international organisations like IMF, WTO, etc.
(iv) Removing barriers or restrictions set by the government is known as liberalisation.
:) Hope this helps !!!!!
PLS SUPPORT SYRIANS LOOK AT THEIR DIFFICULTIES IN GOOGLE
LETS SUPPORT SYRIANS LET THE SUPPORT OF INDIA START FROM US
add the above statement in ur ques and ans
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