how would the recent phenomena of protectionism and currency manipulations in world trade affect macroeconomic stability of india?
Answers
Answered by
0
Explanation:
Trade protectionism is the opposite of free trade, in which a number of restrictions are applied to do trade with different countries. This can affect India in the way of increased rates, increased taxes and inability to import from or export to certain countries. Currency manipulation takes place when a country sells or buys foreign currency in exchange of its own currency. In terms of India, it can significantly influence the trade policy and exchange rate of our currency.
Similar questions