How does the government regulate foreign trade?

Reduce tax on exports and increase tax on imports

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Reduce tax on imports and increase tax on exports

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Reduce tax on exports and imports

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Increase tax on exports and imports

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Solution

The correct option is A Reduce tax on exports and increase tax on imports
.

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Similar questions

Q16. Consider the following statements about Directorate General of Foreign Trade (DGFT):

1. The Directorate General of Foreign Trade (DGFT) is the agency of the Ministry of Commerce and Industry of the Government of India.

2. DGFT can prohibit, restrict and regulate exports and imports.

Which of the above statements are correct?

For how many agricultural products does the government regulate the prices?

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