Economics · Indian Economy
What kind of policies were adopted for foreign trade after independence, which formed its basis?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Protectionist policy with export substitution
- 2Free trade policy
- 3Outward-looking policies with export promotion
- 4Inward-looking policies with import substitution✓
Correct answer
Inward-looking policies with import substitution
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