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Supply of Basic Industrial Inputs:
Allowing their duty-free imports by exporters would require an elaborate machinery of customs and import licensing to ensure that the imports did not leak out into the domestic economy. Even now the machinery which allows limited export-related imports, does not function very satisfactorily. To extend it to manage large-scale imports of basic goods is not possible. Besides, there are inputs which cannot be imported. There are indirect inputs for which it would be impossible to work out any import our exporters to compete fairly with their counterparts abroad is to ensure that these basic goods are available to everyone?exporters, potential exporters and non-exporters?at international prices. There is another issue that needs resolution: rupee lending rates. Obvious comparisons crop up with foreign currency financing. However, while foreign currency loans are available at a spread over London, Inter-Bank Offered Rate (LIBOR) and US Treasury (UST) rate, the rupee funds will come only as a spread on Prime Lending Rates (PLR).
The income elasticity of demand calculates the responsiveness of the quantity demanded of a commodity to changes in consumers' incomes. This is typically calculated by replacing t
Describe the poverty cycle and suggest how a developing country can break the cycle. The poverty cycle is explained as the trap developing countries can land in; low incomes →
herberler theory of opportunity cost
1. Clorox lowers the price of its GreenWorks TM bathroom cleaner. All other things remaining the same, choose how you think this will impact the market price of Pine-Sol. (Circl
REAL BUSINESS CYCLES: The extent of this module is partly indicated in the title. It is about real business cycle (RBC) theory. In addition, it exposes you to New Classical Bu
Policy Orientation for Private Sector Investment The policy perspective in the matter of funding is undergoing a steady transformation aimed at according an increasing role to
how to draw a table of the demand and supply scdule
why s-block elements are powerful reducing agent?
why is the concept of elasticity crucial to the study of economics?
Rationale in era of globalisation: In the present era of globalisation where countries have unprecedented access to international capital flows and where those who have borrow
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