Factor Endowment &International Trade - Examples from India

Date: 22 December & 23 December 2020

Venue: Microsoft Teams

Objective of the Activity:

  • To enhance the knowledge of Students about the factors which play an eminent role in the economy of India such as medicinal plants, iron ores, cold storages, Solar Energy etc.
  • How these factors are being used or can be used to enhance the International Trade.

Description: Students of MBA-IB Sem III were asked to select one factor of production which is abundant in India and how the same can be efficiently utilized to gain comparative advantage over the other countries. Students prepared a short video presentation and this was followed by Question & Answer round and mutual discussion.

List of Factors selected by Students:

Name of the Student

Factor /sector

Kamakshi Bhargava

Medicinal Plants

Anjali Ghanshani

Mineral Resources: Iron Ores

Muskan Goyal

Solar Energy

Aayushi Khandelwal

Indian Handicrafts

Apoorva Sharma

Cold Storage

Garvita Jain

Labour Intensive products

Ritika Vyas

Capital

Riyanshi Jain

Entrepreneurship

Darshika Singh Parmar

Land – Forest Area in India