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Govt. policy about exports and imports is called: -

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Question

Govt. policy about exports and imports is called:

Options

  • Commercial policy

  • Fiscal policy

  • Monetary policy

  • Finance policy

MCQ

Solution

Commercial policy

Explanation:

Exim Policy, also known as Export Import Policy, is a set of guidelines and instructions for the import and export of goods. Every year on March 31st, the Export Import Policy is updated, and the modifications, improvements, and new schemes go into effect on April 1st.

shaalaa.com
Concept of International Trade
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