Economy, asked by jitendrajitendra4396, 2 months ago

Why did India remove trade barriers
after 1990s?​

Answers

Answered by bernamolina08
0

Answer:

In the New Economic Policy of 1991, India removed trade barriers because: ... There was also pressure of powerful international organisations like IMF, WTO, etc. to liberalise the Indian economy. • The government felt that domestic producers were ready to compete with foreign industries.

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