Description

Intra-Industry Trade (IIT) is the trade where product of same industry is getting simultaneously exported and imported by a country. The phenomenon, although discovered late, but became very helpful in explaining the nature and pattern of trade of a country which traditional theories were unable to explain. Most of the works in the area have been done for developed countries while the studies regarding developing countries are a few. There is really a dearth of literature for explaining India's IIT. The present book is an attempt to understand the nature and pattern of India's IIT in general, as well as, with respect to four selected sectors namely - Mineral Fuels (HS-27), Organic Chemicals (HS-29), Natural & Cultured Pearls and Diamonds (HS-71) and Electrical Machinery & Equipments (HS-85).