Abstract:Trade is an engine for the economic growth of most of the countries over the world. Trade policies have played a vital role in the development of the international division of labour with some becomi...Trade is an engine for the economic growth of most of the countries over the world. Trade policies have played a vital role in the development of the international division of labour with some becoming dominant and others dominated. Since the end of World War II in 1945, globalization has advanced broadly and international trade has been greatly facilitated by agreement among trading countries on a set of rules for international trade. A country can have its own trade policy whether it is free trading or employs protectionism policy depending on the country’s industrial and economic development. In this paper a literature review has been done on both trade policies to summarize their advantage and disadvantage if a country chooses to follow one of them. Then and their implication of trade policy in the respective textile and apparel industry has also been reviewedRead More
Publication Year: 2019
Publication Date: 2019-10-14
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot