International trade theory: Current Affairs, GK & News - 2020-2021

China now relies on American exports

Published: July 22, 2012

A deteriorating Chinese economy, affected by a further slowdown, has become a cause of concern for the United States officials and the two presidential campaigns, as Chinese companies is showing grater dependence on exporting to the American market. What is reason of China becoming so much reliant on American exports? The decline in the real ..



Background of India’s Foreign Trade

Published: May 22, 2009

1. India entered into planned development era in 1950’s and at that time Import Substitution was a major element of India’s trade and industrial policy.2. In 1950 India’s share in the total world trade was 1.78% which reduced to 0.6% in 1995. During 2003-04 India’s share in the global trade was 0.8%, in 2005 it ..