Posted by: anushka1 January 23, 2009
Bollywood Movie Banned in Nepal
Login in to Rate this Post:     0       ?        

Maylumaya...no offense but please take introduction to economics class if you are a student...where it says and is "common knowledge" that if countries produce according to their comparative advantage (lowest opportunity cost) and trade with each other they will gain....think about the availability of resources in Nepal...how expensive it will be to produce everything by ourselves...if we were able to produce goods at lowest cost we would have produced...it is better for us to import most goods from India...at lower cost than what it would take us to produce...yeah ban all import from India and what will happen to our economy?


I guess common sense is actually not so common :-)


 

Read Full Discussion Thread for this article