Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

Smriti Mukharjee

Abstract

Restoration of market forces in foreign trade has been an important policy decision since the sixties. First it was confined to developed industrial countries only but since the mid seventies developing countries also started moving in the same direction Chile, Argentina, Uruguay, the 'Southern Cone' countries provide the ready example. It is being said that for proper integrate,ion an economy must throw itself open to the rest of the world.

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