Question: Q2. State true or false for below mentioned statements. Justify your answers with proper reasoning. Answers should be provided ONLY IN THE SPACE PROVIDED (2*5=10

Q2. State true or false for below mentioned statements. Justify your answers with proper reasoning. Answers should be provided ONLY IN THE SPACE PROVIDED (2*5=10 marks) 1. A startup firm should pick up a sector with low EPI and never with high value of RCA. fi. A high value of RCA and high IPI of the importing country always assures a high Til between India and the importing country for the product. Extent of decline In the RCA value would not depend on RHI and SHI values of the country. Iv. High RHI and SHI of L2 player has an impact on the business decisions of Indian firms. V. High SHI and RHI values should be combined with relaxed DDB obligations

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