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explain how domestic industries can be protected from foreign competition

Posted by Vandana Verma 6 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Vishal Iyer 6 years, 8 months ago

The government can allocate more resources for the domestic industries and can make liberal policies for the exports of commodities produced by them. On the other hand government must increase taxes for the growing companies and allocate only particular set of commodities that they can produce. .the government should try to make the country self sustained

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