Trade and Investment in Asia

Trade and investment
in Asia

Table of Contents
INTRODUCTION...........................................................................................................................3
Turning point in India economic development............................................................................3
The surplus labour economy........................................................................................................3
Real world variations of the stylised surplus labour model.........................................................3
The turning Period and Indian development...............................................................................3
The turning point and growth......................................................................................................3
The turning point and external Balance.......................................................................................3
The turning period and economic structure.................................................................................3
The turning point, inflation and stability.....................................................................................3
Structural change and Australian Development..........................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
This report is based upon the trading within Asian markets. India is one of the potential
trading partner for exports of goods and of goods. This is important for the company in order to
manage the economic development. Indian market is one of the largest source of international
trading. There is low labour cost and growth within this market. The Australian education market
is having opportunity for having Indian students. The education market of Australia can make
profits by inviting Indian students. India has become a major influence on the external economic
environment in which the Australia can engage in the investment and international trade. It is
easy to manage the shaping change as well as principal determinants of the Australian terms of
trade.
Turning point in India economic development
There is growth in Indian economy because there are several standard analysis of labour surplus
economy. India is having a good labour and when working with any international company, there
is advantage of having surplus labour (Agil, 2016). There is cheap labour in India and foreign
companies are having opportunity for doing business in Indian market. There is plenty of labour
in the Indian market and exporting and trading business can work well in the development of
economy. There is requirement of managing all the export oriented movements effectively and
managing the skilled workers and employees to work effectively in foreign market. There is need
of managing the urban demand of labour in order to manage the wages and working of industries
effectively. There is requirement of economic development as it will help in managing the issues
related to killed and cheap labour.
The surplus labour economy
This can be concluded that by using a highly stylized model of economic development within the
labour surplus economy, the companies and countries are having huge opportunity. The labour
surplus economy of model helps in managing the dynamic, urban and unproductive sector.
Within the early stages of expansion within economy, There are several problems related to rural
labour and marginal product of labour (Namira, 2018). There was problem in the rapid expansion
because of the oven sector as it was not increasing in real wages. There was several
improvements made within labour culture, infrastructure as well as management practices. This