This paper examines the position of India in the world trading system. It considers three separate questions: Firstly …, how integrated is India in the world trade? Secondly, what gains could India reap from further trade liberalization …? Thirdly, what are the best means to achieve greater trade openness? The paper argues that while India's trade barriers have …

Mattoo and Subramanian argue that India should engage more actively in the multilateral trading system, to help … facilitate and consolidate domestic reform and to gain access to export markets for India's goods and services. Mattoo and … Subramanian argue that India should engage more actively in the multilateral trading system for four reasons: First, such …

The authors argue that India should engage more actively in the multilateral trading system for four reasons: First … turn, the need for this external payoff to secure domestic reform makes India a credible bargainer, which could induce … trading partners, to open their markets to India. Second, external commitments can foster good domestic policies, by providing …