The wave of globalization had started winding since the late 1980's in many countries of the world. This led to a structural change in different sectors of economy in different parts of the world. One of such sectors is external sector which was kept closed for many years. It is now open in the...

The wave of globalization had started winding since the late 1980's in many countries of the world. This led to a structural change in different sectors of economy in different parts of the world. One of such sectors is external sector which remained closed in many countries specially socialist...