Print Friendly, PDF & Email

Discuss the factors that ail India’s Free Trade Agreements. Explain what factors are necessary for efficient functioning of trade regime.

Topic:  Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

6. Discuss the factors that ail India’s Free Trade Agreements. Explain what factors are necessary for efficient functioning of trade regime. (250 words)

Reference:  Financial Express

Why this question:

The article brings out the factors that plague India’s FTAs.

Key demand of the question:

The answer must discuss the factors that ail India’s Free Trade Agreements. And bring out the factors that are necessary for efficient functioning of trade regime.

Directive:

Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction:

Briefly highlight the significance of trade in general.

Body:

Explain the factors that are ailing India’s FTA.

Discuss why India is skeptic of free trade and is opting for protectionist policies.

Bring out the defects in the current regime.

Suggest what needs to be done.

Conclusion:

Conclude with way ahead.