Economics · Economic History of India
During the period of 1947–1990, India's trade policy was largely characterized by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An aggressive export-oriented strategy focused closely on global competitiveness
- 2A liberal import policy aimed at providing consumers with a wide range of global goods
- 3A policy of free trade with minimal government intervention in international transactions
- 4An inward-looking strategy emphasizing import substitution and protection of domestic industries✓
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An inward-looking strategy emphasizing import substitution and protection of domestic industries
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