abhishreshthaa
Abhijeet S
STATE TRADING
State trading refers to import-export activity by the government.
Such trading was popular in countries like the USSR to a considerable extent in the olden days.
In India, state trading exists along with private trading. State trading is useful for restricting imports from abroad as final decision about imports are always taken by the government. State trading acts as one non tariff barrier.
State trading refers to import-export activity by the government.
Such trading was popular in countries like the USSR to a considerable extent in the olden days.
In India, state trading exists along with private trading. State trading is useful for restricting imports from abroad as final decision about imports are always taken by the government. State trading acts as one non tariff barrier.