Global Trade and its Effect on the Growth of Economy: A Critical Study with special reference to India
| Vol-4 | Issue-03 | March 2019 | Published Online: 15 March 2019 PDF ( 2 MB ) | ||
| DOI: https://doi.org/10.31305/rrijm.2019.v04.i03.675 | ||
| Author(s) | ||
| Ambrin Gulnaz 1 | ||
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1Ph.D. Research Scholar, Univ. Deptt. of IRPM, TMBU, Bhagalpur |
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| Abstract | ||
International exchange plays an important function in the Indian economy. Foreign trade is very important to the United States because the country wants to import many goods. India exports a large amount of commodities and also imports an equal amount of various commodities. While India continues to open up its economy, its price list remains inflated compared to other international venues and its funding standards remain restrictive. Some see it as a "riser" while others see it as a "particularly protectionist" economy. However, in recent years, government attitudes towards coverage sharing and funding have shown a significant shift from protecting 'producers' to benefiting 'consumers'. India is now actively pursuing a more liberal international exchange regime, especially in the service sector. The rise of global exchanges and the removal of exchange barriers are spurring continued discussion and evaluation of the impact of global exchanges on financial growth. Through empirical analysis, the study examines the impact of global exchange rates on India's financial growth. This article is an attempt to examine the major adjustments within Indian forex volumes, composition and routes. |
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| Keywords | ||
| Foreign Trade, Consumers Economy, Exchange Rates, Financial Growth | ||
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