India’s Imports From China Are Deteriorating Trade Balance Of India
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 11
Abstract
Balance of payment has two components, capital account and current account. Current account can be divided in to two components visible and invisibles. Visiblecan be further divided in to two components exports and imports. Trade balance means export minus import. Trade balance can be either trade deficit or trade surplus. Trade deficit arises when import exceeds export of any country .India’s economy facing trade deficit with china. This study focuses on India’s imports and trade deficitswith china and their impact on India’s trade deficit during the period of 2000 to 2018.
Authors and Affiliations
Kabita Sharma
Keywords
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- EP ID EP416105
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