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Glance into basics of Trade Agreements

Trade agreement is any contractual arrangement between states concerning their trade relationships. Trade agreements may be bilateral or multilateral—that is, between two states or more than two states. For most countries international trade is regulated by unilateral barriers of several […]

Tariffs on Indian Exports

Tariffs on imports constitute an important part of any trade agreement. Tariffs are, simply put, taxes on trade of commodities. They are used to restrict imports to ensure that domestic producers have an equal chance of competing with foreign producers. […]