In the era of globalization. Foreign Trade has become the lifeline of any economy. Its primary purpose is not merely to earn the foreign exchange, but to stimulate greater economic activity. The Export-Import Policy of a nation must be of a competitive and facilitative nature that helps in nurturing local enterprises as national champions and enables them to compete globally and become world champions.
The first edition of the book Foreign Trade presents a comprehensive coverage of important topics (new syllabi of B.Com., 1st Year, Semester II as per CBCS pattern, of all the universities in Telangana
Contents-
1.Introduction
2. Balance of Trade and Balance of Payments
3. Indian Trade Policy
4. Foreign Trade and Trade Blocs
5. International Economic Institutions
