Impact of India-ASEAN Free Trade Agreement: A Cross-Country Analysis using Applied General Equilibrium Modelling
Published By: UNESCAP | Published Date: November, 01 , 2011The study attempted to analyse the long-term effects of the FTA on India. It is argued that after full trade liberalization, India’s allocative efficiency will increase, but the terms of trade effect will worsen continuously and remain negative. India will be able to arrest the worsening in terms of trade once the gain in allocative efficiency is used to improve productivity in the export-oriented sectors as well as achieve economies of scale.
Author(s): Biswajit Nag, Chandrima Sikdar | Posted on: Mar 23, 2015 | Views() | Download (557)