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give two benefits will India get by being a member of WTO

The existence of the  WTO have given a call for an overall development in the world economy by raising in production, income and employment. However, India shall get following two main benefits from WTO.
  • Increase in export: It is expected to raise in export ranging between 150 crore dollars to 200 crore dollars.
  • Better market access: With WTO ,there will be reduction in tariff, custom duties and reduction in subsidy on agricultural product. This will result to better market access.












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