what will happen if indian government put back trade barriers
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The most common non-tariff barrier is the prohibition or restriction of goods that are imposed through import licensing requirements. Certain products are subjected to licensing related trade barriers, although India has eliminated its import licensing requirements for most consumer goods.
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In New Economic Policy in 1991, the government wished to remove these barriers because it felt that domestic producers were ready to compete with foreign industries. It felt that foreign competition would in fact improve the quality of goods produced by Indian industries.
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