Professional Documents
Culture Documents
Trade..?
Transfer of ownership of goods and services from one person or entity to another. * Barter * Commerce * Financial transaction A network that allows trade is called a market.
Trade
Policy.
Domestic Trade..
After Effects..?
Indias Domestic Industries became self sustainable. *Liberalisation. *Privatisation. *Globalisation.
2010 Doha
Foreign Trade..
Exchange of capital, goods, and services across international borders or territories. In most countries, it represents a significant share of gross domestic product (GDP).
NOW FTP is governed under FOREIGN EXCHANGE MANAGEMENT ACT i.eFEMA,1992 wef 1/6/2000. BUT BEFORE FEMA IT WAS FERA,1973. FEMA IS BASICALLY FOR MANAGING THE FUND WHILE FERA WAS TO REGULATE THE FUND.
63623 47742
29751
1999-2000
2000-01
2001-02 Years
2002-03
2003-04
77237 61572 49799 50056 51588 56613 All Commodities 37172 Petroleum crude & products Non-POL items
1999-2000
2000-01
2001-02 Years
2002-03
2003-04
Imports
(US$ bn.)
GDP
(US$ bn.)
Trade as % of GDP 61.7 57.5 53.7 48.7 46.0 32.8 24.7 22.3
Korea 197.6 175.5 China 438.3 393.6 Mexico 165.4 171.0 Russia 135.9 75.4 South Africa 38.7 35.0 Argentina 29.4 13.1 Brazil 73.1 48.3 India 57.0 74.3 Source: Economist Intelligence Unit
4. Simplification of the application procedure for availing various benefits. 5. To set in motion the strategies and policy measures which catalyse the growth of exports. 6. To encourage exports through a mix of measures including fiscal incentives, institutional changes, procedural rationalisation and efforts for enhance market access across the world and diversification of export markets.
15.0
USD Billion
Exports to US
Imports from US
25.00
20.00
15.00
10.00
5.00
0.00 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Note: In 2004, the EU expanded from fifteen to twenty-five countries. Earlier data are for EU-15; post-2004 data are for EU-25. Source: United Nations, UN COMTRADE database.
14.00
10.00
8.00
6.00
4.00
2.00
0.00 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
*Paul Jacob. *Jalpa Soneta. *Tirth Turakia. *Rohan Pujari. *Raunal Chopda.