India’s foreign trade policy during the late 1950s was often termed as

Related MCQs

• Which of the following statements about the direction of India’s foreign trade is correct?
• Since 1950, India’s foreign trade has undergone important changes signifying that it has entered into
• Which of the following is the cause of international trade as per Heckscher-Ohlin trade theory?
• According to the Heckscher-Ohlin theory of trade, the most important cause of difference in relative commodity prices and trade between nations is a difference in
• In the modern trade theory, the gains from international trade are clearly differentiated between
• A single factoral terms of trade shows that a country’s factoral terms of trade improve as productivity
• A trade policy without tariffs and other quantitative restrictions blocking the movement of goods between countries is
• The huge trade deficit India experienced during the 1980s was mainly due to
• The physical limitation of quantities of different products to be imported from foreign countries within a specified period of time is called
• Lending to foreign countries represents