Laptop decision doesn't compute: If creating a domestic industry for computers is the goal, tariffs would have been a better policy instrument than reimposing Nehru-Gandhi era licensing

The recent reintroduction of licensing on the imports of laptops, desktops and tablets, India’s main import items within the Harmonised Tariff Schedule (HTS) category 8471, raises some puzzling trade policy questions. To begin with, why...

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