The trade policy reforms include _____

CA Foundation · Business Economics · PYQS · May 2025
The trade policy reforms include _____
(A) A. Inclusion of licensing restrictions for imports
(B) B. Removal of licensing procedure for imports
(C) C. Complication of tariffs.
(D) D. Inclusion of quantitative restrictions on imports and exports

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Removal of licensing procedure for imports

Topics: International Trade

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