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  1. The policy of ‘imperial preferences’ adopted by Britain in its colonies in 1932 is also known as the
    1. Hong Kong Agreement
    2. London Agreement
    3. Ottawa Agreement
    4. Paris Agreement
Correct Option: C

The British Empire Economic Conference (Ottawa Conference) was a 1932 conference of British colonies and the autonomous dominions held to discuss the Great Depression. The meeting worked to establish a zone of limited tariffs within the British Empire, but with high tariffs with the rest of the world. This was called “Imperial preference.”



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