Economics · Economic Reforms 1991
What was a primary objective and expected outcome of the trade and investment policy reforms introduced in India in 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Increased trade barriers and import tariffs
- 2Decreased foreign direct investment in key sectors
- 3Reduced efficiency and protectionism of local industries
- 4Increased adoption of modern technologies and international competitiveness✓
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Increased adoption of modern technologies and international competitiveness
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