Free free trade agreements Image
Parth P.
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free User
Image Generated: 7th November 2024
PROMPT
Economic effects of FTAs discussed in trade and development literature. Viner (1950) suggested trade creation leads to welfare gains, while trade diversion might reduce overall welfare. In India's context, benefits include market access and technology transfer, but concerns over competition and trade deficits persist. Need to strengthen competitive sectors while protecting vulnerable industries.Tags
free trade agreementseconomic effectsindia trade
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Model Version
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