1. India and MFN advantage: The actual trade off.
- Author
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Marianand, N., Bharathi, R., Udayanan, Madhanrajan, Manoharan, Geetha, Rajesh, Gunaseelan Alex, and Ashtikar, Sunitha Purushottam
- Subjects
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FARM produce exports & imports , *TRADE regulation , *IMPORT quotas , *FREE trade , *BLOCK trading - Abstract
India as a strong export-oriented nation for agricultural exports next to China and few other nations has always proved to be vibrant. The trade barriers and import restrictions to promote the local economic welfare has always been a rigid path for India in the past year and even now. Apart from all these trade blocks, how far India has utilized its free trade, regional trade and MFN advantage to promote its exports. This study was an attempt to identify the status of MFN advantage for India for the top exporting nations. This was study was propelled to identify the RCA products' position in the MFN criteria. It was revealed that India has absolute trade advantage with the use of MFN, but it was utilized moderately to the tune of 68% and underutilized to the rest. India can seek the possibility to improve its exports through the MFN advantage in the near future. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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