
C H A P T E R
CHAPTER OBJECTIVES
13
International Trade
After studying this chapter, you should be able to:
1 Understand the basics of international trade.
2 Discuss the evolution and structure of the World Trade Organization (WTO).
3 Analyse the trends in world trade over the years.
4 Gain insights into India’s external sector.
5 Gain an overview of modes of payment in international trade
6 Discuss institutional export credit in India.
7 Examine the role of the Export-Import (Exim) Bank and the Export Credit Guarantee
Corporation (ECGC).
Introduction
Globalization has become a buzzword all over the world. Today, every country and ever ...