Answer to Question #69453 in Economics for pankaj sharma

Question

Explain the important issues crucial for export promotion that need to be addressed in India's trade policy.

Answer 1

Export promotion has been defined as “those public policy measures which actually or potentially enhance exporting activity at the company, industry, or national level”. Although many forces determine the international flow of goods and services, export promotion is one of the principal opportunities that governments have to influence the volume and types of goods and services exported from their areas of jurisdiction.