Question

to protect goods produced in india from imports, the government made use of ....​

Answer 1

Answer:

the classification of the imports and export of the goods are governex by the customs act of 1962and customs traffic act of 1975........it is also called as trefic schedule Or the indian custom traffic

Explanation:

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Answer 2

Answer:

Import protection had two forms. Tariffs are a charge on imported goods that makes them more costly and discourages their usage; quotas limit the amount of items that may be imported.

Explanation:

The import substitution strategy shields native industries from international competition. The argument behind this strategy is that developing-country industries, such as India's, are unable to compete with commodities produced by industrialized economies. It is considered that if domestic businesses are preserved while they are still in their infancy, they will grow in strength by being able to produce on a wide scale and gaining expertise in the course of life.

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