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Which of the following is a ‘barrier’ of foreign trade? - Economic Applications

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Question

Which of the following is a ‘barrier’ of foreign trade?

Options

  • Import quota.

  • Tax on imports.

  • Tax on local trade.

  • Both the import quota and the tax on imports.

MCQ
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Solution

Both the import quota and the tax on imports.

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Chapter 13: Globalisation - QUESTIONS [Page 180]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 13 Globalisation
QUESTIONS | Q 10. | Page 180
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 12 LPG Model (or New Economic Policy)
QUESTION | Q 10. | Page 194
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