General Agreement on Tariffs and Trade (GATT)

The General Agreement on Tariffs and Trade (GATT) was a multilateral trade agreement that was …

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Recent World trade Scenario

The world trade scenario is constantly changing due to various factors such as changes in …

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Recent changes in Foreign trade policy

Foreign trade policy refers to the set of rules, regulations, and guidelines that govern a …

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India’s Balance of Trade Concept, Problems

India’s balance of trade refers to the difference between the value of its exports and …

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India’s Balance of Payments Concept, Problems, Reasons for Disequilibrium and Corrective Measures

India’s balance of payments (BOP) is a statement that summarizes all economic transactions between India …

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Terms of Trade, Example, Concepts, Critical Evaluation

Terms of Trade refer to the ratio of export prices to import prices. It represents …

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Introduction, Trade its Meaning and Types, Characteristics, Process, Advantages and Disadvantages

Trade refers to the exchange of goods, services, or commodities between two or more parties. …

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India’s Internal Trade, Characteristics and Problems with Solution

India’s internal trade refers to the buying and selling of goods and services within the …

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Important Difference between Internal Trade and International Trade

Internal Trade Internal trade refers to the exchange of goods and services within the boundaries …

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Concept, Assumptions and Criticism, Scope of International Trade Theories

International trade refers to the exchange of goods and services between different countries. It is …

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