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Assertion (A) is true and Resason BOP correct; tariff barrier makes imports costlier restricts trade.
Ref: NCERT Economics Class XII Chapter 6 Balance of Payments explains BOP current capital account tariff quota exchange rate IMF concepts.
fixed BOP correct; tariff barrier makes imports costlier restricts trade.
Ref: NCERT Economics Class XII Chapter 6 Balance of Payments explains BOP current capital account tariff quota exchange rate IMF concepts.
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