I. Non price |
II. Physical interventionist policies like licensing. Quotas and other physical restrictions on imports |
A) only II
B) Only I
C) Both I & II
D) None of the above
Correct Answer: C
Solution :
The import substitution strategy was based on non-price, physical- interventionist policies like licensing, quotas and other physical restrictions on imports.You need to login to perform this action.
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