Research Scholar, Department of Economics, Maharishi Dayanand University, Rohtak, India
Online published on 23 December, 2013.
Trade competitiveness basically depends upon the level of domestic prices relative to international prices. In its simplest form trade competitiveness, for say exports, can be measured by comparing domestic prices with international prices expressed in domestic prices net of freight, transport and related costs involved in taking produce from exporting country to the importing country. If domestic price of any commodity is lower than the net export price then the commodity is export competitive otherwise it is not export competitive. The objective of present study is to examine the competitiveness of rice industry in context of India in WTO regime and found that the Indian rice industry is highly competitive in relation to markets of developed countries.
