UGC Approved Journal no 63975(19)

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

Volume 5 Issue 8
August-2018
eISSN: 2349-5162

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

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Published Paper ID:
JETIRFF06047


Registration ID:
317174

Page Number

268-274

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Title

The Relationship Between Socio-Economic Progression and India’s Foreign Trade

Abstract

Current study indicates that India's exports and imports in US dollars have increased consistently over the past 28 years, despite the fact that the country's GDP has decreased. Nonetheless, the pace of development has varied in a negative manner from year to year on many occasions. The trade balance was extremely unfavorable in the first quarter. Among the topics covered in the Study Summary are the various factors that influence trade trends, the three most important reasons why India is compliant, and the barriers to trade and globalization, which include the weakening of the Rupee against the US dollar, the inflammation of import bills, and the increase in exports. The sub-prime loan crisis in the United States, as well as the debt crisis in Europe, is a worldwide phenomenon. For many years, Japan has been caught in a liquidity trap, and the UAE and our trade partners have seen a continuous slump. Although the miracle countries of Southeast Asia have achieved their objectives by following the model of external orientation, a number of countries, particularly in India, will be forced to choose between a "internal" approach to economic growth and a "outward orientation." "development path “development path Economic well-being, it goes without saying, is the foundation for social development.

Key Words

Currency, Depreciation, GDP, Globalization, Trade.

Cite This Article

"The Relationship Between Socio-Economic Progression and India’s Foreign Trade", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.268-274, August-2018, Available :http://www.jetir.org/papers/JETIRFF06047.pdf

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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

"The Relationship Between Socio-Economic Progression and India’s Foreign Trade", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp268-274, August-2018, Available at : http://www.jetir.org/papers/JETIRFF06047.pdf

Publication Details

Published Paper ID: JETIRFF06047
Registration ID: 317174
Published In: Volume 5 | Issue 8 | Year August-2018
DOI (Digital Object Identifier):
Page No: 268-274
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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