Why has the Government removed trade barriers?

1.	Why has the Government removed trade barriers?
Answer» Since 1991 the Government removed trade barriers because : 1. To make Indian producers compete with producers across the world. 2. The Government felt that competition would improve the quality and performance of producers within the country. 3. To liberalize foreign trade and investment. 4. To increase the volume of Foreign Direct Investment.

Answer»

Since 1991 the Government removed trade barriers because :

1. To make Indian producers compete with producers across the world.

2. The Government felt that competition would improve the quality and performance of producers within the country.

3. To liberalize foreign trade and investment.

4. To increase the volume of Foreign Direct Investment.

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