Question

What are the trade barrier? Why there are trade barriers in India and what ware the reason of there removal?

Answer 1

trade barrier are those barrier which can't allow any country to trade in that country it is lead by WTO(world trade organisation).Trade barrier in India because the Britisher are came for trade but they rule on India this happen not again that's why trade barrier in India. we remove the trade barrier because of request or any way we can say from the pressure of WTO(world trade organisation)>

Answer 2

Answer:

HERE IS YOUR ANSWER DEAR..

Explanation:

1. The government of India decided that the Time had come for Indian traders to compete with the producers and manufacturers of the world.

2. Government felt that competition would improve the performance of producers.

3. The decision to remove trade barriers was supported by powerful international organizations like World Bank, World Trade Organization and International Monetary fund.

4. Businessmen are allowed to take decisions freely about their imports and exports. In this way Government decentralized the power to the businessmen.

5. Advance technology and Foreign Investment is required for the development of country.