Ib Case
Southern Indias trade with ancient Rome for Indian textile, carpet and pepper.
13th Century accounts for Indias Textile Exports to the Arab World, China and South East Asia
Quality of Indian Manufactured goods like carpets, jewelry and other decorative crafts had high demand
Formation of Indian Shipping and Navy (from the Mauryan period to the Mughals)
Starting of Trade with Portuguese and the East India Companies
From 15th to 18th Century
Era of Art, Culture, Religion and Science,
Asia, China, Greek, Rome, Egyptian and Europe were the trading hubs.
The products exported from South India ports in Andhra and Tamilnadu
The main products – Indian Spices, Carpets , Fine jewelry, Crystals, Metallurgy, Brass – Steel, copper, hand made printing blocks, silk, etc
Govt. Policies = Companies are obliged to earn Forex, Environmental laws in advanced countries.
Influencing Factors : Social
Technical
Economic
Political
Natural Environment
Physical exports = Merchandising
Invisible exports = Services, Consultancies, Capital
Benchmark yourself against
Global Competition
Market
In Terms of Price
In terms of Quality
Ability to Deliver
Ability to Provide Service
We know the worlds richest man is Carlos Slim Helu of Mexico, followed by Bill Gates and Warren Buffet of USA.
The USA might have the biggest economy, but the American government is not at all rich; in fact, it cant even take out $150bn if asked to now without resorting to borrowing.
To date the US government has borrowed $14 trillion!
The UK governments debt stands at $9 trillion now.
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