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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013
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Published Paper Details:
Paper Title
INCREASE OF EXPORT & IMPORT
Authors
UJJAL GUHA
Keywords
Export , Import , Unexploited Resources , Unemployed ,Employed , Money velocity .
Abstract
Suppose there are 3 persons in a society, with one having Re.1, and, he buys something from another person, a good, with that rupee. The cost of production to the second person is nil. Suppose the second person buys something (i.e. a good) with that rupee from the third person, , to whom also the cost of production is nil . Again, the third person buys something for Re.1 from the first person to whom the cost of production is nil. Notice we had one rupee in our hand but our GNP has become Rs.3. It proves that, in a society where there is no deficit financing, the more we use the money in money supply, the more will be our GNP. With the help of this theory, we can solve all problems of financing a project where there is dearth of money, but unexploited resources, increase exports and imports, wipe out recession in an economy.
IJCRT's Publication Details
Unique Identification Number - IJCRT2112183
Paper ID - 213725
Page Number(s) - b752-b754
Pubished in - Volume 9 | Issue 12 | December 2021
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Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
Cite this article
UJJAL GUHA, "INCREASE OF EXPORT & IMPORT", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.9, Issue 12, pp.b752-b754, December 2021, Available at :http://www.ijcrt.org/papers/IJCRT2112183.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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