Economy, asked by anushaj2612, 6 months ago

india's competitive advantage and disadvantage in export of services ​

Answers

Answered by suggulachandravarshi
10

Answer:

The discussion of concertive advantages and disadvantages of exporting services trdu thda have been SPYKA identified while discussing various components of the services sector, their exports as well as their.export potential. It og is indeed dificult to state general advantages and disadvantages of such a wide variety of services. Yet, it is useful to broadly discuss the advantages that India possesses and the disadvantages that services exports from India confront.

Answered by bratislava
2

India's advantage and disadvantage in export of services in the world.​

Explanation:

  • India has seen substantial growth in trade and services, with the rest of the world. It has also become an exporter of services.  
  • As the service sector tends to be more labor-intensive than manufacturing as it is cheap and is largely a tertiary-educated workforce.
  • India has an advantage in providing financial services, insurance, and pension services. These services have not only attracted the FDI but also contributed to large scale payments.
  • The activities related to trade, tourism, hotel, and restaurants have contributed to 54% of growth as of 2018.
  • The exports of services include management of remote relationships, loss of control due to new and different markets.
  • Risk in taxations, it may lead to trade tensions such as political tensions. Fluctuations in prices and availability of products.

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  • brainly.in/question/18917912 answered by suggulachandravarshi.
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