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India’s reforms of the 1990s
» Practice Questions
1. One reform of the early 1990s was to drastically reduce tariffs. As a result:
The sheer amount of materials available to Indian firms increased
The price of raw materials fell
both a. and b.
2. Which of the following was NOT one of the reforms made in India in the early 1990s?
Changes to the banking industry
Copyright 2012 - Tyler Cowen and Alex Tabarrok