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FTAs leading to increased Imports and Exports

Budget - Dated:- 26-2-2016 - Since the mid- 2000s India s Free Trade Agreements have doubled to about 42 today. They have increased trade with FTA countries more than would have happened otherwise. Increased trade has been more on the import than export side, because India maintains relatively high tariffs and hence had larger tariff reductions than its FTA partners. In case of the ASEAN FTA, the country has benefitted on both sides of trade flows with a statistically significant 33 per cent inc .....

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