The Indian government has removed barriers to foreign trade and foreign investment to a larger extent. This means

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People can freely travel to any country.

Goods can be imported and exported easily.

Foreign countries can set up companies here easily.

Both 2 & 3.

answer is D.

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Detailed Solution

The Indian government has removed barriers to foreign trade and foreign investment to a larger extent. This means that goods can be imported and exported easily. Along with this, foreign companies can easily invest in India. They can also acquire Indian companies, invest in them, or set up their operations in India. Before 1991, India had barriers to foreign trade to protect its growing industries. But after 1991, it felt that time had come for Indian producers to compete globally. They believed increased competition would help the Indian producers and make them more efficient.

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