What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
Answers
Answer:
Why did it wish to remove these barriers? Answer: The Indian government, after Independence, had put barriers to foreign trade and foreign investment. This was done to protect the producers within the country from the foreign competition especially when industries had just started to come up in the 1950s and 1960s
Explanation:
Why did it wish to remove these barriers? Answer: The Indian government, after Independence, had put barriers to foreign trade and foreign investment. This was done to protect the producers within the country from the foreign competition especially when industries had just started to come up in the 1950s and 1960s
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Answer:
The indian government had put barriers to foreign trade and foreign investment to protect domestic producers from foreign competition, especially when industries had just begun to come up in the 1950s and 1960s.