期刊名称:Annals of Dunărea de Jos University. Fascicle I : Economics and Applied Informatics
印刷版ISSN:1584-0409
出版年度:2018
期号:3
页码:65-72
DOI:10.26397/eai1584040918
出版社:Dunarea de Jos University of Galati
摘要:This paper aims to present the theoretical aspects related to international trade and its role in the development of the two economic giants: China and India, as well as the contribution of the above-mentioned countries to the world economy. This issue is considered as topical as international trade has become a primary component of economic activity in most countries. Over time, developing economies such as China and India have made their presence felt in the global economy and have become the factors of its growth. Among other developing countries, China and India are distinguished by a faster growth of the economy. India, due to its distinct development strategy, has the potential to economically influence the activities of the global economy in the years to come even more than China. Respectively, another point that draws attention to this topic is the emergence of China and India as new poles of trade, innovation and growth alongside the USA, Japan and the EU. To analyze the commercial performance in the two countries over the last 20 years, it is necessary to examine their commercial patterns. Although both countries have high openness ratios, they have different trade balances. In the case study, the indicators and external economic activity of these countries will be compared. For this, it is necessary to analyze, assess and compare the magnitude of the international activities of these superpowers.
关键词:International trade; Economic growth; China; India