What international trade theory (or theories) best explains the rise of Indian as a major exporter...

Question

Question

What international trade theory (or theories) best explains the rise of Indian as a major exporter of pharmaceuticals?

Answer 1

Answer #1

PORTER DIAMOND explain the best international trade theory that explain the rise of Indian as a major exporter of pharmaceuticals.

Because this model explain the nation have due to the availability of certain factor.

Because India has low cost labour in abunance. So the export increase abunantly

Please give positive rating if you satisfied.

Thanks.

Answer 2

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