Assertion (A): The new EXIM Policy is liberal, market oriented and favours global trade. Reason (R): GATT has played a significant role in the liberalisation of economy.
Options
(a)Both A and R are individually true and R is the correct explanation of A
(b)Both A and R are individually true but R is NOT the correct explanation of A
(c)A is true but R is false
(d)A is false but R is true
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