Current Affairs

GK MCQs Section

Page-7 of International Trade

India leaves China behind in export growth rate: WTO

India is now ahead of China in terms of exports growth rate. It registered an increase of 16.1% in 2011. The country is at the pinnacle in the...

July 31, 2012

EU intensifies arms embargo & sanctions against Syria

The European Union intensified arms embargo and sanctions against the Syria government in reaction to rising violence in the country. The 27-member Union adopted the conclusion according to...

July 24, 2012

China now relies on American exports

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...

July 22, 2012

U.S. takes China to WTO on dumping row

The US-China trade pettifoggeries might now be an eternal issue at the WTO as US announced that it would be “challenging China’s imposition of antidumping and countervailing duties...

July 8, 2012

India-Pakistan: Implications of MFN Status

According to WTO, MFN status means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same...

December 29, 2011

Adjustable Currency Pegging in Managed Exchange Rate Regime

Exchange rate regimes play a vital role in shaping a country’s economic stability and global competitiveness. One such regime is the managed exchange rate, which combines the benefits...

November 19, 2010

Foreign Trade Policy 2004-09

1. The new Foreign Trade Policy of the Union Government was unveiled by the commerce Minister Shri. Kamal Nath on August 31, 2004. With foreign trade largely freed...

May 22, 2009

EXIM POLICY 1997-2000

The objectives and salient features of EXIM policy 1997-20001. To accelerate the country’ s transition to a globally oriented vibrant economy with a view to derive maximum benefits...

May 22, 2009

Background of India’s Foreign Trade

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...

May 22, 2009

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