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Mention any two benefits of export promotion policy.

  1. Mention any two benefits of export promotion policy.
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Answer #1

Two benefits of export promotion policy are-

a) Foreign exchange earning- Goods are expanded in the foreign market by export promotion policy. This expansion earns foreign exchange that can be used to develop country

b) Creation of employment- Export-oriented industries absorb more labor so helping to reduce unemployment. People will be employed directly to an export-oriented industry as well as indirectly in an allied industry such as insurance and transport.

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