India’s Trade with South vs. North : Alternative Option

This study investigates the potential gains as a result of deeper integration of India with South vis a vis North using GTAP-model. The study reveals that deeper integration of India with South or North has positive effects on India. The present study also reveals higher unrealized and untapped potential in the countries of south and free trade will be welfare enhancing, hence there is need to explore greater cooperation with the countries of South. Free trade with countries in south may also be used as a trade strategy to cope up with recent economic slowdown