Social Sciences, asked by khushi2757, 1 year ago

What were the reasons for putting barriers to foreign trade and foreign​

Answers

Answered by Anonymous
7

Answer:

Post-independence India put barriers on its foreign trade as

the imports had exceeded exports and the country was in a huge debt. To reverse

the debt and improve the country’s financial condition the government decided

to minimize its imports and foreign investment and maximize exports.

In the recent past the government decided to remove these barriers so that the local producers

improve their quality of products and match the international standards. 

Hope it will be helpful.

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