EXAMINING INTRA INDUSTRY TRADE BETWEEN INDIA AND CHINA
Abstract
China and India, the world’s most populous country, have seen tremendous economic growth in recent years. Massive growth in Industrialization and Gross Domestic Product and a stronger relation between India and China have led to an increase in bilateral trade between the two countries. IIT can be broadly defined as a trade where a country exports and imports the products of same industry. This concept is in contrast to inter-industry trade where trading of products takes place belonging to different industries. This paper examines the intensity of Intra Industry Trade between India and China. Also, the study examines trade patterns of commodities traded between the two countries and how have they changed over the years.
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References
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