Should India encourage exports when most of its resources are insufficient for domestic consumption? Arguments: Yes. To pay for our imports, we need to earn foreign currency. No. Even selective encouragement would result in a scarcity of resources.
A. Only argument I is strong
B. Only argument II is strong
C. Either I or II is strong
D. Neither I nor II is strong
Answer:A
Should India encourage exports when most of its resources are insufficient for domestic consumption? Arguments: Yes. To pay for our imports, we need to earn foreign currency. No. Even selective encouragement would result in a scarcity of resources.
A. Only argument I is strong B. Only argument II is strong C. Either I or II is strong D. Neither I nor II is strong
Explanation: Clearly, India can only export surplus and what is left over after meeting its own needs in order to pay for its imports. Export promotion cannot cause shortages because it will give resources for imports. So that's the only argument I have.