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Answer

Correct Option is Only (a) and (b)

Solution:The starting lines of the first paragraph states that the shift in fiscal policy is part of a gradual shift away from market orthodoxy that has characterized the government's economic policy in recent years. In order to safeguard and promote the indigenous industry, the government has imposed taxes on various imports. Thus, we can infer that only (a) and (b) are correct. While statement (c) is incorrect based on the information provided.

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