The nature of Trade Zones in India.
Today, in India there exist eight operational trade zones with another ten underway. These zones are called Special Economic Zones that are a modernized version of the old Free Trade Zones and Export processing Zones. Special Economic Zones were established when India shifted to the status of a semi-periphery region. Although such zones promise big bucks, they are still far from achieving their economic goals. This essay will look over the working nature of such zones to see if they will actually provide an helping hand in the country's economy and at what cost, by using A. Thothathri Rama…
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