What actions should a developing country take in order to enhance the potential benefits from international...
What actions should a developing country take in order to enhance the potential benefits from international trade and development?
Homework Answers
Developing countries must implement following to enhance international trade :
- Increasing FDI and FII Limits
- Improve ease of doing business
- Cut redtapism
- Improve compliance and eliminate multiple tax laws
- Maintain unified payments structure and tax reform
- Close monitoring and risk management committees for currency exchange mechanisms
- Identify black markets and eliminate them with higher tax rates
- Better licensing and cutting time to get permits with Constitutional amendment
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What actions should a developing country take in order to
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