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The government economic reforms and liberalization policies have made it easy for international trade rather easy than ever before. The Foreign Direct Investment are allowed in many industries. Businesses (Small or Big) find it easy (more because of the strength of their currency over Indian Rupee) to experiment trading with Indian market which is safe as compared to other Asian Markets coupled with cost effective human resources. The economic ties with a number of dominant world powers have placed India as one of the primary Investment and Trading hub.
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∙ 11y ago
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What are the advantages and disadvantages of international trade in context to India?
An advantage of international trade in context to India is increase in the collection taxes for the utilization of its government. A disadvantage, on the other hand, is that local farmers cannot compete with the lower price of agricultural goods from international trade, thus lower income for the agricultural sector.
Advantages of international trade in context to India?
Foreign currency is one of the major advantage.
What change in shipping practices made international trade easier?
Using ISO containers worldwide
Match each current trend with one of its effects on international trade?
A.Improved communicationBroadening of international tradeB.Trade liberalizationReduction of barriers to international tradeC.Infrastructure developmentFacilitation of smoother international tradeD.IndustrializationSpread of international trade to developing countries^^^^This apex answer is outdated. The current correct answer is:Increased Communications>>>>>>>>>>>>>>>>
Why India so important to International business?
India is important for international trade due to these reasons:Indian economy provide free tax zone for the industrialistProvide securityFully help provide to foreign investors
What did the Phoenicians become international from?
Trade.
Why international trade is important in India?
Because Pakistan can never do the needful.
What are the advantages and disadvantages of international trade in context to India?
An advantage of international trade in context to India is increase in the collection taxes for the utilization of its government. A disadvantage, on the other hand, is that local farmers cannot compete with the lower price of agricultural goods from international trade, thus lower income for the agricultural sector.
What does the word assocham stand for?
ASSOCHAM stands for The Associated Chambers of Commerce and Industry of India. ASSOCHAM is a trade apex in India and contributes to international trade revenue and output.
Advantages of international trade in context to India?
Foreign currency is one of the major advantage.
What change in shipping practices made international trade easier?
Using ISO containers worldwide
How is India's location favorable for international trade?
India's location is favorable for international trade because of its midway position between the Far East and the Middle East with Trans-Indian Ocean routes connecting the industrially developed countries of Europe.
Match each current trend with one of its effects on international trade?
A.Improved communicationBroadening of international tradeB.Trade liberalizationReduction of barriers to international tradeC.Infrastructure developmentFacilitation of smoother international tradeD.IndustrializationSpread of international trade to developing countries^^^^This apex answer is outdated. The current correct answer is:Increased Communications>>>>>>>>>>>>>>>>
Why India so important to International business?
India is important for international trade due to these reasons:Indian economy provide free tax zone for the industrialistProvide securityFully help provide to foreign investors
Why does international trade occur?
The international trade occurs because of a country can not produced every things and there are many things used by country but they can be poroduced in their geographicall area, that is produced in other country.To full fill the all wants an international trade occurs. For exam. in India there are no many source of oil, to full fill of his source it import oil from Arbian country it is called an international trade between India and Arbian country.
What is India's international trade situation and threats and opportunities to this situation?
the international trade of any nation is considered in gdp and indian economy has fallen according to this months declaration. So, it means that gdp is also not up to the mark which means the import and export of india with other nation is weakend.
Is India's largest international trade organisation the mmtc?
Yes... please refer to this link... http://www.mmtclimited.com/grp_mtpl.html
