UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Foreign Trade and Investment in India

  • question_answer
          Which of the following is not an argument for protectionism?

    A) To protect infant industries

    B) To increase the level of imports

    C) To protect strategic industries

    D) To improve the balance of payments

    Correct Answer: B

    Solution :

    Protectionism would reduce the level of imports into an economy.


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