Question

In the first seven five year plans, foreign trade policy was characterized by Export promotion.

Defend or Refute.​

Answer 1

Answer:

Export Import Policy or better known as Exim Policy is a set of guidelines and instructions related to the import and export of goods. The Government of India notifies the Exim Policy for a period of five years (1997 2002) under Section 5 of the Foreign Trade (Development and Regulation Act), 1992.