General Studies · Indian Economy
The trade policy framework of India before 1990 can be most accurately described as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Largely influenced by market forces with minimal government interference
- 2Mainly aimed at supporting free trade agreements
- 3Strongly focused on liberalization and export promotion
- 4Protectionist, inward-looking and characterized by high tariffs and quantitative restrictions✓
Correct answer
Protectionist, inward-looking and characterized by high tariffs and quantitative restrictions
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