Curriculum India's Trade Policy
India's Trade Policy
How India trades with the world - from closed economy to trade deals, why it left RCEP, export incentives, rice export bans, rupee trade, the WTO and the 2025 US tariff shock.
- India's Trade at a Glance What India sells to the world and buys from it, who its biggest trading partners are, and why it usually runs a goods trade deficit but a services surplus. 📄 Read-aloud
- From Closed Economy to Open Trade How India moved from very high tariffs and import licences before 1991 to a far more open trade regime, and what changed for businesses and consumers. 📄 Read-aloud
- India's Trade Agreements The free trade agreements India has signed, from Asia to the UAE, Australia, the EFTA countries and the UK, and what these deals try to achieve. 📄 Read-aloud
- Why India Walked Away From RCEP Why India pulled out of the world's largest trade bloc in 2019, the fears about Chinese imports behind the decision, and the debate over whether it was right. 📄 Read-aloud
- The 2025 US Tariff Shock How the United States imposed steep tariffs on Indian goods in 2025, which sectors were hit hardest, and how India responded. 📄 Read-aloud
- Export Promotion: SEZs, RoDTEP and Beyond The tools India uses to help exporters, from special economic zones and duty refunds to export credit and the Foreign Trade Policy. 📄 Read-aloud
- India's Trade Policy: Checkpoint 1 Quick checkpoint - five questions on India's trade pattern, liberalisation, trade deals, RCEP and the 2025 US tariffs. 5 questions
- Rice Export Bans and Global Food Markets How India, the world's largest rice exporter, restricted exports in 2022 and 2023 to control domestic prices, and what it meant for global food markets and farmers. 📄 Read-aloud
- Trading in Rupees Why India created a system in 2022 to settle trade in rupees instead of dollars, how it works through special vostro accounts, and what limits its use. 📄 Read-aloud
- India at the WTO What India wants from the World Trade Organization, its battles over food stocks and farm subsidies, and its positions on fisheries and digital trade. 📄 Read-aloud
- The China+1 Opportunity and Electronics Exports How global companies seeking alternatives to China helped India become a major smartphone exporter, and what it will take to capture more of global manufacturing. 📄 Read-aloud
- Can Trade Create Jobs for India's Young Workers? Why economists argue India needs labour-intensive exports to employ millions of young people, why these sectors have lagged, and what could change it. 📄 Read-aloud
- Putting It Together: India's Trade Choices A review of the trade-offs India faces between openness and protection, and how the ideas in this module fit together. 📄 Read-aloud