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The below mentioned article provides an essay on foreign trade policy in Indian economy with regards to free trade versus protection. Introduction: The foreign trade policy is concerned with whether a country should adopt the policy of free trade or of protection. If the policy of protection of domestic industries is adopted, the question which is faced whether protection should [...]

Let us make in-depth study of foreign trade policy with regards to import-substitution versus export orientation. Introduction: Trade policy plays an important role in achieving the objectives of rapid economic growth and self-reliance. It is on the basis of these static and dynamic gains of trade that case for free trade or liberalisation of trade was bas been built. When [...]