TRQ Scheme Explained: Meaning, Benefits, and How It Works
International trade plays a crucial role in the economic development of countries. To balance free trade with the protection of domestic industries, governments use various trade policy tools. One such important mechanism is the TRQ Scheme, also known as the Tariff Rate Quota system. The TRQ Scheme is widely used across the world to regulate imports, stabilize domestic markets, and ensure fair...
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