Economy, asked by outcast, 2 months ago

What was the reason for putting trade warriors to foreign trade and investment by Indian Government?

Answers

Answered by Migyung

12

Answer:

Reasons for putting trade barriers to foreign trade and investment by the Indian government after Independence are: (i) To protect local producers and goods from foreign competition. (ii) Industries needed protection so that they could grow and develop in order to be ready to compete with developed countries later on.

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