WTO & SAFTA
World Trade Organization (WTO) WTO was established on 1 January 1995. Nepal became 147th member...
International Trade
Nepal’s Foreign Trade
In the past, Nepal’s trade relation was only with India and China. But nowadays, its...
Meaning of Key Terms
Constant cost: Equal average cost of production at all the levels of output Opportunity cost:...
Balance of Trade/Payment
Balance of Trade Balance of trade is the summary of the total volume of exports...
Trade and Trade Barrier
Free Trade If the government does not impose any kind of restriction on export and...
International Trade
Introduction International trade is the transaction of goods and services between different countries. It is...