Abstract: Trade and commerce policies saves as the primer blueprint for a nation’s integration into the global economy. At their core, this policies aim to balance domestic economic protection with international market expansion. By utilizing a suite of instruments such as traffic, quotes, subsides, and trade agreements governments seek to stimulate export led growth, safe guard infant industries, and ensure the steady inflow of essential capital goods and technology.
Dongre et al. (Sat,) studied this question.