CUET 2024 Geography Notes Chapter 11 International Trade

“CUET Geography Notes by Artham Resources: Chapter 11 – International Trade. Explores India’s participation in global trade, trade policies, agreements, and impacts on the economy.”

Content of Chapter 11 – International Trade:

1. Introduction to International Trade:
   • Definition, Importance, Benefits, Global Trade Trends
2. India’s Trade Policies:
   • Export Promotion, Import Substitution, Trade Liberalization
3. Trade Agreements:
   • Bilateral and Multilateral Trade Agreements, Free Trade Agreements (FTAs)
4. Export-Import Scenario:
   • Major Exports (Textiles, IT Services, Pharmaceuticals), Import Commodities
5. Trade Balance and Foreign Exchange:
   • Trade Surplus, Trade Deficit, Currency Exchange Rates
6. Impact of International Trade on Indian Economy:
   • Employment Generation, Industrial Growth, Foreign Investment
7. Challenges and Opportunities:
   • Trade Barriers, Tariffs, Non-Tariff Measures, Global Market Access
8. Future Prospects and Strategies:
   • Diversification of Exports, Market Access, Trade Promotion Initiatives.