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Reorganisation of Export Councils:
India has a large number of exporpromotion councils, commodity boards and other similar agencies, butheir impact on India's foreign trade has been minimal, if any. There is need to reorganise these organisations in such a way that they become aeffective as similar agencies in Japan and South Korea.
Strategy to Fight NTBs:
India should adopt a four-pronged strategy tomeet the joint challenge of a United Europe and opening up of EasEurope. The strategy should consist of four elements: (a) restructuringof the corporate sector; (b) better quality products; (c) revaluation oGeneral System of Preferences (GSP); and (d) linkages in industriaproducts. The corporate sector should identify products which have market in EU. Simultaneously, the high cost of Indian goods should bbrought down by raising productivity and upgradation of technology. A related aspect is that India must develop a policy to fight NTBs. Apossible way will be to utilise some kind of an instrument like Specia301 used by the US against countries which restrict Indian goods. Whilit may be difficult to have as strong a weapon as Special or Super 301India can work out some such instruments to be used against unfair tradpartners. Likewise, strategies will also have to be developed to improvIndia's stand at WTO on issues pertaining to countries imposing NTBs.
what is pooling equilibrium
AGRICULTURAL GROWTH AND PRODUCTIVITY TRENDS: Despite a steady decline in the share of agriculture in the Gross Domestic Product (GDP) of India, this sector continues to remain
Foreign Direct Investment: It is an investment by a company (based in one country) in an actual operating business, including real physical capital assets (such asmachinery, buildi
Short run equilibrium - Perfect competition: In the short-run, the perfectly competitive firm maximizes its profit by producing output where MC=MR=P. This is shown in the diag
what makes it differ from other market structures
Smoking cigarettes is a leading cause of many diseases
Revise business plans to incorporate appropriate changes.
The Demand Curve - The demand curve exhibits how much of a good consumers are ready to buy as the price per unit changes keeping non-price factors constant. - This price-qua
The following represents the potential outcomes of your first salary negotiation after graduation: Assuming this is a sequential move game with the employer moving first, indicate
Income and Substitution Effects: Normal Good * The Special Case--The Giffen Good - The income effect may be large enough theoretically to cause the demand c
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