Question

Role of export promotion agencies in international trade

Answer 1

Explanation:

Export promotional Councils (EPC) are authorities which are basically promoting, supporting and assisting firms in entering the International markets and realising their optimum potential from given resources. They also provide guidance and assistance to the exporters.

Answer 2

The council helps in sponsoring the development of export-related industries. They assist in diversifying the productive sector of the nation and to foster market-oriented, private sector-economy via market oriented export goods development.

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