1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XII
Economics
Trade Liberalisation
are implied b...
Question
are implied by the new trade policies.
A
Higher tariffs
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Freer imports
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Imports quotas
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
More barriers
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is
B
Freer imports
The more liberal approach to trade led to greater openness of the economy and freer imports.
Suggest Corrections
0
Similar questions
Q.
Which of the following are implied by the new trade policies?
Q.
In India, with globalisation, trade barriers are ____ .
Q.
The most important of the non-tariff trade barriers are __________.
Q.
Which of the following are the features of Customs Union?
1. It entails common currency in the Customs union
2. It has same policies for trade with the third country
3. Reduced trade barriers within the Union
Which of the above statements are correct
Q.
Government had set trade barriers _____.
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
LPG Reforms
ECONOMICS
Watch in App
Explore more
Trade Liberalisation
Standard XII Economics
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
AI Tutor
Textbooks
Question Papers
Install app