THE GROWTH ANALYSIS OF INDIAS FOREIGN TRADE

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The book focuses on the growth analysis of India's foreign trade, highlighting a strong recovery in 2021-22 following the pandemic. It discusses the surge in capital flows and foreign exchange reserves, which support economic growth. However, it also addresses potential challenges such as global liquidity tightening, commodity price volatility, and the resurgence of COVID-19 variants. The rebound in merchandise exports and imports, surpassing pre-COVID levels, is attributed to global demand recovery and government initiatives, with the USA, UAE, and China as key trade partners.