Foreign trade, Microeconomics

FOREIGN TRADE:

Interdependence between the economies of the world has increased multifold. External sector in the economy has gained primeimportance. Both exports and imports  contribute to the production process. Both of these are effective instruments in raising the income levels of the people in a developing economy. Apart from flow of goods, increasing flow of services and capital between the nations give rise to payments and receipts in foreign exchange which, in turn, influence the Balance of Payment's position. In this unit, we shall examine foreign trade and Balance of Payments, trade policy and various policy measures for rapid growth of exports. Let us begin with explaining  the relationship between foreign trade and economic growth.  

Posted Date: 11/15/2012 12:13:08 AM | Location : United States







Related Discussions:- Foreign trade, Assignment Help, Ask Question on Foreign trade, Get Answer, Expert's Help, Foreign trade Discussions

Write discussion on Foreign trade
Your posts are moderated
Related Questions
i need to find Profitability, Earning capacity, Capital structure, Robustness from annual reports. Not a long job..

Will Governments Follow Good Policies? That governments can assist in development and growth doesn't mean that governments will. The broad experience of growth in developing ec

if the Japanese yen appreciates against the U.S. dollar, do the Japanese businesses gain by a decrease in the dollar price of exports to the United States

#queIn a particular year, an organization earns cash revenues of Rs. 2,00,000. Total material and labour expenses are Rs. 1,09,000. The depreciation claimed on the equipment is Rs.

Pre-Funded Pension: A pension plan in that funds are invested and accumulated throughout an individual's working life in order to pay for subsequent disbursement of pension benefit

Once the organization has decided to move forward with the development of a new or modified system, it is time to determine what tasks are necessary to move the project from initia


Structure of the IMF: The Central office of the IMF is in Washington DC, USA. It has 184 members. It is affiliated to the UNO. The highest authority of the IMF is the Board of

the price of a laptop increases by 20% and there is a 40% drop in the quantity demanded

GROWTH OF EMPLOYMENT OPPORTUNITIES: Policy failure refers to situations:   i) When the objectives of public policy are attained partially or inadequately or in a distorted