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Barriers on foreign trade were removed …

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Barriers on foreign trade were removed to a large extent in India's since 1991 justify ??

    • Posted by Anshika / U Can Call Me Alien ???? 6 years, 10 months ago

    CBSE > Class 10 > Social Science
    • 3 answers

    Aakarsh Rastogi 6 years, 10 months ago

    The producers of various goods were driven by the impetus to produce a better quality good. Businesses were also able to control the import and export ofgoods. Foreign mncs wre able to put up their production in india.

    1Thank You

    Yogita Ingle 6 years, 10 months ago

    Removal of barriers on foreign trade and foreign investment:

    • Barriers on foreign trade and foreign investment were partially removed.
    • Goods could be improved and exported easily.
    • Foreign companies could setup factories and offices here.
    • Opportunities for Indian producers to compete with producers around the globe.

    1Thank You

    Neha Sirur 6 years, 10 months ago

    Trade barriers were put by govt. so as to keep our countries secured till they develop.. in 1991 these barriers were removed so as to liberalise the trade and so that the industries will face a competition in international market and improve their quality of goods...

    1Thank You

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