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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


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

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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