Question : What is an indicator of self-reliance?
Option 1: Increase in imports of the goods which could be produced in the country
Option 2: Avoiding imports of the goods which could be produced in the country
Option 3: Increase in exports of the goods which could not be produced in the country
Option 4: Avoiding exports of the goods which could be produced in the country
Correct Answer: Avoiding imports of the goods which could be produced in the country
Solution : The correct option is to avoid imports of the goods which could be produced in the country
Avoiding imports of goods that could be produced domestically is a strategy often referred to as import substitution. This approach aims to promote self-sufficiency and protect domestic industries by reducing reliance on foreign products. Depending less on foreign goods can make a country less vulnerable to international economic fluctuations and political pressures.
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