Write a Note on the Changing Nature of International Trade in India in the Last Fifteen Years.

There has been a change in the nature of our international trade:

  1. Since 2004-2005, the share of agriculture and allied products, ores and minerals, chemical engineering goods has been increasing.
  2. Exchange of commodities and goods have been superseded by the exchange of information and knowledge.
  3. cIndia has emerged as a software giant at international level,
  4. India is earning large foreign exchange through the export of information technology.
  5. Imports: Commodities imports include petroleum and petroleum products 41.87% and Coal, Coke 14.17%.

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