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Commercial Policy and Economic Growth
Industrial Growth and Import Saving
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abroad agreements agricultural analysis annual argued balance of payments bilateralism capital inflow cent Commercial Policy commodities comparative advantage consumption context costs crores per annum deficit Delhi demand devaluation developed countries developing economy discussion distortion economic growth elasticities Equation export earnings external factor foreign aid foreign exchange problem foreign investment foreign trade free trade import control import regulation import restrictions import substitutes income increase India India's balance indifference curve infant industry argument International Trade Theory labour loans machinery manufactures ment optimal optimum tariff output payments difficulties Plan period price mechanism price-ratio private foreign capital production possibility curve profits protection rate of growth raw materials re-investment reducing region Roy Harrod rupee rural saving Second Plan sector Seminar solution stage structure subsidies supply surplus theory of international Third Plan tion underdeveloped countries University of Delhi V. K. R. V. Rao wage differential welfare propositions