📘 Complete Notes on International Trade
By Roshan Mishra | With MCQs, Diagrams, Case Studies & Summaries
📚 Chapter Table of Contents
1️⃣ Introduction to International Trade
2️⃣ Theories of International Trade
3️⃣ Global Trade Organizations (WTO, IMF, World Bank, UNCTAD)
4️⃣ Balance of Payments (BoP)
5️⃣ Types of International Trade (Visible, Invisible, Bilateral, etc.)
6️⃣ Export Policy of India
7️⃣ Foreign Trade Policy (FTP) Highlights
8️⃣ DGFT, EPCs & Export Promotion Institutions
9️⃣ Foreign Exchange Market & Rate Mechanisms
🔟 Letter of Credit & Payment Methods in Trade
1️⃣1️⃣ Export Financing & Pre/Post Shipment Credit
1️⃣2️⃣ Foreign Trade Documentation
1️⃣3️⃣ Role of Banks & RBI in Foreign Trade
1️⃣4️⃣ Logistics & Shipping in International Trade
1️⃣5️⃣ Export Marketing Strategies
1️⃣6️⃣ Export Risk Management & Insurance
1️⃣7️⃣ Negotiable Instruments in International Trade
1️⃣8️⃣ Competition Law & Anti-Dumping in Trade
1️⃣9️⃣ Import Procedure & Duties in India
2️⃣0️⃣ Master Documentation + Tips to Sell Notes Professionally
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INTERNATIONAL TRADE
International Trade – Complete Study Notes
With Diagrams | Advantages | Barriers | Institutions | Quiz
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What is International Trade?
International Trade refers to:
> The exchange of goods, services, and capital across national borders.
It allows countries to access resources, specialize in production, and increase overall
economic efficiency.
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Types of International Trade
Type Explanation Example
ImportBuying goods from another country India imports crude oil
ExportSelling goods to another country India exports software
Entrepot Importing & re-exporting after processing Singapore re-exports
electronics
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Diagram: Flow of International Trade
Country A (Exporter)
↓
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Goods / Services
↓
Country B (Importer)
↓
Payment via Foreign Exchange
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Importance of International Trade
Access to new markets
Better variety & quality of goods
Earns foreign exchange
Boosts employment & production
Promotes global cooperation
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Barriers to International Trade
Barrier Type Description
Tariff Tax on imports
QuotaLimit on quantity imported
Embargo Ban on trade with a country
Subsidy Govt. support to local industries