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

 Q2. State true or false for below mentloned statements. Justify your

Q2. State true or false for below mentloned statements. Justify your answers with proper reasoning. Answers should bo provided ONLY IN THE SPACE PROVDED (2*5=10 mark) 1. A startup firm should pick up a sector with low EPI and never with high value of RCA ii. A high value of RCA and high IPI of the importing country always assures a high TII between India and the importing country for the product. iii. 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 comblned with relaxed DDB obligations

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