TRADE AGREEMENTS

CONTENTS:INDIAN INTERNATIONAL TRADE AGREEMENT.TRADE AGREEMENTS.TYPES OF TRADE AGREEMNTS.BILATERAL TRADE AGREEMENT.MUTILATERAL TRADE AGREEMENT.

INDIAN INTERNATIONAL TRADE AGREEMENT:The idea behind the new economic policy known as

LPG, was to make the Indian economy one of the fastest growing economies in the world.

TRADE AGREEMENTS:Trade agreement is an international

agreement on conditions of trade in goods and services.

Trade agreement are the product of negotiations between two or more nations that dictate the terms of the acceptable exchange of goods and services .

TYPES OF TRADE AGREEMENT:TRADE

AGREEMENTBILATERAL

TRADE AGREEMENT

MULTILATERAL TRADE

AGREEMENT

NON CONVERTIABLE

CURRENCES

CENTRALLY CONTROLED ECONOMICS

LACK OF HARD CURRENCY

LEGAL BASIS

NATURE OF AGREEMENT

COST SAVINGS

FRAMEWORK OF AGREEMENT

BILATERAL TRADE AGREEMENT:BILATERAL TRADE

AGREEMENT

NON CONVERTIABLE CURRENCES

CENTRALLY CONTROLED ECONOMICS

LACK OF HARD CURRENCY

Non convertible currency:

Any currency that is used primarily for domestic transaction and is not openly trade on a fordx market.

Centrally controlled economy:

The policy that is formulated at one place and it is managed by a single home.

Lack of hand currency:

Can also called as domestic currency simulationelous lack of hand currency refers to in settlement of domestic currency.

MULTILATERAL TRADE AGREEMENT:MULTILATERAL

TRADE AGREEMENT

LEGAL BASIS

NATURE OF AGREEMENT

COST SAVINGS

FRAMEWORK OF AGREEMENT

Legal Basis :

In general the currency which can be used with for paying of taxes

Netter of Agreement:

Agreement refers to way fixing of predefined objective for a period of time.

Cost Saving :

In cost refers to reduction of expenses. Framework of Agreement:

Some sole of matter which will be sufficient to make an agreement this matter is called as framework agreement.