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What international trade theory (or theories) best explain the rise of the India as a major exporter of pharmaceuticals?

Case Study: The Rise of India’s Drug Industry (reference article online for further detail on case story) 1. [http://www.bezern.com/] How might US pharmaceutical companies and US consumers benefit from the rise of the Indian pharmaceutical industry? 2. [http://www.bezern.com/] Who might have lost out as a result of the recent rise of the Indian pharmaceutical industry? 3. [http://www.bezern.com/] Do the benefits from trade with the Indian pharmaceutical sector outweigh the losses? 4. [http://www.bezern.com/] What international trade theory (or theories) best explain the rise of the India as a major exporter of pharmaceuticals?

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