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RE:Thought Experiment ...
by Senthil Kumar on Jul 26, 2007 10:11 AM



Inefficient exporters don't want to
improve their efficiency. Currency
depreciation is easy money for them.

What is the bottom line ?!

The country should not rely just on
exporting simple products like textiles,
and minerals from the country.

Software is a good example of quality export.
It can with stand further rupee appreciation.
Because importes don't have cheaper, quality
alternatives.

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