Analysis of International Trade Relation Regarding India and the European Union

Muhammad, Khan and Hajdú, Noémi (2022) Analysis of International Trade Relation Regarding India and the European Union. INTERNATIONAL JOURNAL OF BUSINESS AND APPLIED SOCIAL SCIENCE, 8 (5). pp. 26-35. ISSN 2469-6501

Preview

Text 6295ae595bfcf11653976665.pdf - Published Version Available under License Creative Commons Attribution. Download (2MB) | Preview

Abstract

The world's major importers and exporters are India and the European Union. When considering the notions of growth, the flow of trade plays a significant part in defining a country's economic development rate since business allows for the improvement of technology in an area critical to production and competitiveness. estimates argue that commerce alone cannot result in monetary growth and development since other elements such as political stability, the extent to which the rule of law is enforced, and the population growth rate, among other critical concerns, all contribute to a country's economy. In the study, the influence of the EU exports and imports on India's GDP will be analyzed. The results of the data processing and calculation are summarized. The prediction of Indian export and import by 2025 is also included in the research.

Actions (login required)

Edit Item