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What is the role of support mechanisms in the development of exports?

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Question added by Deleted user
Date Posted: 2013/11/26
Veneeth George
by Veneeth George , Senior Executive , Blue Water Trading Corporation

Support mechanism seemingly has an indispensable role in development of exports.Support mechanisms can take forms of interest subventions on export credit or MDA grantsor could be other export promotion schemes by government controlled agencies responsible for export development to improve balance of payment. These support mechanism gives exporters foothold in international markets thus making them less vulnerable to unfavourable policies of international country.

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