WTO & SAFTA
World Trade Organization (WTO) WTO was established on 1 January 1995. Nepal became 147th member country of WTO on 23...
Category: International Trade
Nepal’s Foreign Trade
In the past, Nepal’s trade relation was only with India and China. But nowadays, its trade relation is with many...
Meaning of Key Terms
Constant cost: Equal average cost of production at all the levels of output Opportunity cost: The based next alternative sacrificed...
Balance of Trade/Payment
Balance of Trade Balance of trade is the summary of the total volume of exports and imports of visible goods...
Questions & Answers (Very Short)
What do you mean by international trade? International trade is the means of exchange of goods and services between the...
Trade and Trade Barrier
Free Trade If the government does not impose any kind of restriction on export and import of goods and services...
International Trade
Introduction International trade is the transaction of goods and services between different countries. It is taken as a major part...
