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India's Current Trade Scenario

 
Sidhartha Sankar Laha (Author) Anil Bhuimali (Author)
Synopsis

Trade performance of a country can be measured from various perspectives - imports, exports, trade balance, total trade, etc, and its growth over the years. Countries across the globe depend on each other to access goods or services. Trade in goods which are similarly classified in production but are not perfect substitutes in consumption is apparently a growing component of world trade. Reduced tariffs enacted by customs unions have resulted in increased gross trade, while net exports and imports within commodity classifications change very little. Trade theory which assumes constant returns to scale and homogeneous goods generally predicts increased specialisation and inter-industry trade. This benefits their citizens and trickles down to the economy. The global market enables nations to trade in a bid to meet their needs. Bilateral trade narrows down to trade between two countries. This trade can be beneficial if proper trade policies are laid down However, bilateral trade may end up benefiting one country more than the other. This book seeks to explain the factors influencing intra- industry trade (IIT) trade using the developed and developing countries trade scenario also offers some reflections on the recent evolution of intra-industry trade theory. These are selective and mainly relate to the interpretations of intra-industry trade in factor proportions models including some recent continuum models.

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About the author

Anil Bhuimali

Dr. Anil Bhuimali, M.A. (Economics), Ph.D: (Economics) from the University of North Bengal, West Bengal is currently serving the Department of Economics, University of North Bengal as Reader in Economics. Earlier he was associated with Dinhata College, Cooch Behar College and Acharya Brojendra Nath Seal College, Cooch Behar, West Bengal. After his M.A. he was the Junior Research Fellow of National Cooperative Union of India and University Grant Commission. He was also university Grants Commission Treacher Fellow during 1991-92. His areas of specialization, among others, are Rural Economics, Agricultural Economics, Development Economics, Gender Economics and Gandhian Economics. He has published in his credit, several research papers in reputed journals of economics and social sciences. Her has contributed papers in national and international seminars, workshops and conferences. He is the author of the books Arthanaitik Unnayan O Parisankhyan Bijnan (Joint), International Economics: Theory and Policy (in press). Empowering Women in Education and Employment (Ed.) (in press). He has been the life member of Indian Econometric Society, Indian Society of Gandhian Studies, Indian Association of Women’s Studies, Bangiya Arthaniti Parishad and Balason Society for Improved Environment.

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Bibliographic information

Title India's Current Trade Scenario
Format Hardcover
Date published: 10.01.2018
Edition 1st. ed.
Language: English
isbn 9789386611109
length 230p.