Free Trade Agreements
![['free trade agreements', 'economic effects', 'india trade']](/_next/image?url=https%3A%2F%2Fd1v0ynld5x949x.cloudfront.net%2FImages%2F6871%2F10412002_image.jpg&w=2048&q=75)
G
GalacticPixie10Free User
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 agreements, economic effects, india trade
Category
EconomyStyle | AI Model
Photorealistic - Flux Pro
License
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