An Analysis of Export-Import Relation between Indo-China Trade
Keywords:
Trading, Liberalization, Import - Export Exchange, Commodities, MerchandiseAbstract
After India's independence, and especially after trade liberalization, the country's overseas commerce has progressed both qualitative as well as quantitative. After being steady at 0.8 % b/w 2003 & 2004, India's proportion of global merchandise exports climbed to 1.0 % as well as 1.3 % in 2009. India's trading relations with all regions around the world have grown, according to the data. International trade helps to produce those commodities which have a comparative cheaper cost than others. It results in less cost of production in producing a commodity. If all the countries adopt this procedure to produce these goods in. which they have less comparative cost, it will lead to availability of goods at a lower price. International trade increases the scope of market because of domestic demand and foreign demand for the product. So there is mass production.In this Research paper , we have analysed the Relation between India and China regarding Import - Export Exchange of Goods and Services.Data for the study was collected for the period 1997-98 to 2009-10 and used the Secondary Source of Information
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