Abstract

Global-localisation is the development by which regional economics, societies and cultures incorporated through a global network of political ideas through communication, transportations and trade. The movement towards the expansion of economics and social ties among countries through the spread of corporate institutions and capitalist philosophy leads to the shrinking of the world. The result is the coming out of the specialization in international trade in term of exchange of the goods, services and resources. This paper puts more stress on the trade potential of Indian with other south eastern countries. Study includes revealed comparative advantages, intra-industry trade and trade potential indices. It assesses and analyses challenges and recommendation to overcome those challenges.

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