Economy, asked by rajamanak2504, 1 year ago

Regional comprehensive economic partnership advantages and disadvantages for india

Answers

Answered by AniketVerma1
0

RCEP negotiations & what’s at stake for India

The Regional Comprehensive Economic Partnership (RCEP) agreement is under negotiation and has remained a much-contested subject in recent times

If India is out of the RCEP, it would make its exports price uncompetitive vis-à-vis other RCEP members’ exports in each RCEP market

The ensuing export-losses contributing to foreign exchange shortages and the subsequent extent of depreciation of the rupee can only be left to imagination

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