The US dollar is the most prevalent currency to settle internationally traded merchandise. A few existing studies demonstrate that the US dollar can significantly impact a country's trade balance with a non-US partner. Nevertheless, the current literature indicates the remarkable deficiency of...

This paper studies the relationship between India's real exchange rate and its trade balance with her major trading partners using quarterly trade data for 15 countries over the period 1975 Q1-2011 Q1. Apart from oft used bilateral trade model we use Pooled Mean Group estimator of Pesaran and...

The current patterns of bilateral trade continue to highlight greater exports from India under the resource- based and raw material categories. Imports are under the machinery and processed minerals category. In the past, high revenues were earned from iron ore exports, thanks to high...

India’s foreign trade has seen a multi-fold increase, since liberalisation of the economy. However, at present, Indian economy is facing the problem of burgeoning imports and thereby growing deficit in its balance of payments position. On one side, there is a growing competition in pushing the...