Business Environment, 1st Edition by Pearson

Governments issue their policies with regard to their imports and

exports in the context of the ever-increasing importance of the

external sector in their economies. In this chapter, we study what

constitutes trade policy, its objectives, the strategy and the roadmap

followed to realize the objectives with particular reference to India. It

deals particularly with the interim exim policy or foreign trade policy

for 2009–2010 and the foreign trade policy for 2009–14.

STATEMENT OF TRADE POLICY

International trade today, more than ever before, is the driving force

of economic activities. It not only enables the exchange of goods

and services among ...