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Consider the following statements with respect to Inverted Duty structure:
It is a situation where export duty on finished goods is low compared to the export duty on raw materials that are used in the production of such finished goods.
The objective is to make domestic industry more competitive against foreign industry.
Which of the statements given above is/are correct?
Both 1 and 2
Neither 1 nor 2
By: Kamal Kashyap ProfileResourcesReport error
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