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Per the Arthashastra, the north-west was important for blankets and south India for:

AGold and precious stones
BElephants and teak timber
CHoney and beeswax stocks
DCotton and paddy fields
Answer & Solution
Correct answer: A. Gold and precious stones
1. These may have been collected as tribute. 2. The south gave gold and precious stones. 3. Forest people gave elephants, timber, honey and wax. _Source: syllabus Our Pasts I, Chapter 7, Ashoka, the Emperor Who Gave Up War._
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