what are changes made by the government since 1981 related to foreign trade?
Answers
Answered by
1
Answer:
They included removal of restrictions on exports, reduction in export duties, subsidisation of exports, institution of organisations in the public sector to enlarge exports, devaluation of rupee in 1966, encouragement to production for exports and upgradation of technology in export industries.
Answered by
1
Answer:
The government of a developing economy will levy tariffs on imported goods in industries in which it wants to foster growth. This increases the prices of imported goods and creates a domestic market for domestically produced goods while protecting those industries from being forced out by more competitive pricing.
Explanation:
pls mark as braniest
Similar questions