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Essay / Research Paper Abstract
A 15 page paper. India has lifted numerous trade restrictions over the past ten years and particularly since 1997. This paper discusses India's economy, trade policies, changes in trade policies and why the reforms were made and the fact that globalization acted as one of the drives towards reforming their trade policies. Since agriculture is such a major part of the economy, there is a focus on this sector. 2 graphs reflection import and export with the United States are included. Bibliography lists 9 sources.
Page Count:
15 pages (~225 words per page)
File: MM12_PGindtr.rtf
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Unformatted sample text from the term paper:
the Indian government, Brookings Institute, the Department of Agriculture, United States. These sites are valid and reliable and even more informative and comprehensive than most journal articles. Due to the
dramatic changes in trade policies of India, it is important to lay a foundation at the beginning of this type of paper. That foundation should provide data regarding India that
leads into the changes in their policies. You may or may not want to include the situation with the WTO, under whose directives, India began making changes. We have not
included that information here but it is easily accessible from the WTO and other Web sites.] Introduction and Background Information India is a nation of nearly one billion people.
It is the worlds largest democracy. China is the only country with more people and if the annual growth rate of India continues, India will have more people than China
by 2050. In terms of national economy in Asia, Japan is the largest followed by China and then India. But, Indias gross domestic product is only $380 per capita, which
makes it an extremely low income country. In fact, it is one of the lowest in the world (Economic Research Service, 1998). Almost 75 percent of the
population lives in rural areas in India with their major income coming from agricultural pursuits. About 25 percent of the population could be categorized as being within the middle- to
upper-income status (Economic Research Service, 1998). About 70 percent of the population work in agriculture, which is Indias largest industry. Indias agriculture accounts for almost 30 percent of
the entire gross domestic product. Agriculture also accounts for 20 percent of Indias foreign export earnings. There are a number of factors that strengthen Indias agriculture: 1. Extensive
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