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Separate Administrative Set-up for Exports:
It may be worth examining the setting up of Foreign Trade Board, similar to what obtains in Japan (JETRO) and South Korea (KETRO). Further, a professional cadre for export may also be created as a part of the administrative services in the form of an Indian Foreign Trade Service (IFTS). Candidates specialising in export services will need to be trained in a whole range of professional skills such as international marketing, export incentives and investment management, export administration and regulatory implications. There is a need to develop synergy between large-scale sector and small-scale sector.
Uses of Balance of payments account: It removes the uncertainty associated with the flexible exchange rate regime and brings stability. It also indirectly imposes some anti inf
in the keynesian model the price is assumed to be what? a.exogeneous and remaaining constant b. endogeneous and remaining constant which is correct?
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