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8.International Trade

India's international trade has significantly evolved, with a notable increase in trade volume and changes in composition over the years. The balance of trade is characterized by higher imports than exports, despite the challenges faced in traditional sectors. Various factors, including government policies and global competition, drive these changes.

Sections

  • 8

    International Trade

    International Trade plays a vital role in global economies, and India's trade landscape has undergone significant changes in recent years.

  • 8.1

    Changing Patterns Of India's International Trade

    India's international trade has significantly changed over the years, reflecting increased volumes, shifts in composition, and growing global presence.

  • 8.2

    Changing Patterns Of The Composition Of India’s Import

    India's import composition has evolved significantly, with changes in the types of goods imported and a growing trade deficit.

  • 8.3

    Direction Of Trade

    This section explores India's international trade, highlighting significant changes in its volume, composition, and trade direction over the years.

  • 8.4

    Sea Ports As Gateways Of International Trade

    The section discusses the evolution and significance of India's sea ports in supporting international trade.

  • 8.5

    Exercises

    This section explores the patterns and changes in India's international trade, highlighting key statistics and components of exports and imports.

Class Notes

Memorization

What we have learnt

  • India's contribution to glo...
  • The composition of exports ...
  • India's import basket is do...

Final Test

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