Answer the following questions in 200 words:
- The Foreign Trade Policy will give special focus on labour intensive and MSME sectors. To what extent it would be able to contribute to the structural transformation in Indian economy?
- It has become inevitable for emerging economies like India and China to rescue globalisation from neo-protectionist tendencies in US and Europe. Critically evaluate.
Answers may be hand-written and posted in the comments section or typed as a comment for review.