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Rajeev Srinivasan on the pros and cons of not joining RCEP.

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  • RCEP can be accepted by any country, when world currency is based on the basis of the gold reserve or any other fixed ratio. No country should be allowed to print currency on their own violating the ratio. Countries if forced to this will not be able to spend money or give more doldrums to manufacturers. Fixed monetary policy for the entire world may pave way for free marketing of goods, I hope. competition will increase among countries and also quality.

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