UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 8 Issue 7
July-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2107318


Registration ID:
312445

Page Number

c387-c396

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Title

INDIA’S TRADE POTENTIAL WITH ASEAN: AN ASSESSMENT

Abstract

Due to strategic and geographical location, India-ASEAN trade is growing over the period of time. In this regard, India adopted a more open and liberal trade-investment policy and its interest has increased in collaborating with its eastern and southeastern neighbouring nations. India shared a long colonial and cultural history with ASEAN members’ states that had helped to shape up trade relations between them over the years. ASEAN is a group of developing countries in the world. They constitute 8.8% population of the world, 7.0% of world trade, 3.6% of world’s Gross Domestic Product (GDP) and 3.0% of the world region. During the study period, India-ASEAN trade relations are steadily growing with the value term i.e. from the USD 16.1 billion (or USD 16102 million) during the period of 2004) to USD 68.3 billion (USD 68352 million) in 2018 but in this period, India's imports exceed than exports with ASEAN nations.

Key Words

Key Words: Trade, Developing country, consumption possibility frontier, production possibility frontier, Gross Domestic Product

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"INDIA’S TRADE POTENTIAL WITH ASEAN: AN ASSESSMENT ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.c387-c396, July-2021, Available :http://www.jetir.org/papers/JETIR2107318.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"INDIA’S TRADE POTENTIAL WITH ASEAN: AN ASSESSMENT ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppc387-c396, July-2021, Available at : http://www.jetir.org/papers/JETIR2107318.pdf

Publication Details

Published Paper ID: JETIR2107318
Registration ID: 312445
Published In: Volume 8 | Issue 7 | Year July-2021
DOI (Digital Object Identifier):
Page No: c387-c396
Country: Sonipat, Haryana, India .
Area: Arts
ISSN Number: 2349-5162


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