8
Political Economy of International Trade
LEARNING OBJECTIVES
After going through this chapter, you should be able to:
Examine the rationale behind different forms of trade protection
Explain the various forms of trade regulation
Distinguish between tariff and non-tariff barriers to trade
Appreciate the relevance of the changing trade situation for the international business manager
Understand the institutional framework of the multilateral trade environment as well as the direction of foreign trade in India
Examine the different avenues of export promotion in the Indian context
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