Trade and Export Policies: Navigating International Markets By IJISRT

Abstract

In an era marked by unprecedented globalization and interconnected economies, navigating the complex landscape of international markets has become a pivotal challenge for businesses and governments alike. At the core of this complex web is the dynamic relationship between trade and export policies that shape the parameters of economic interactions between countries. Trade and export policies become increasingly important tools in the fight for national economic security, influencing the success or failure of attempts to penetrate new markets. The complexity of creating, carrying out, and modifying these policies necessitates a sophisticated grasp of economic trends, regulatory frameworks, and geopolitical dynamics. The purpose of this research is to fill these gaps by thoroughly exploring the intricacies and implications of the trade and export policy landscape, and provide valuable insights to inform informed decisions for all stakeholders navigating the complex world of international markets. It can be analysed by examining the challenges faced, role of export policies in promoting the exports and the government interface. The aim is not only to comprehend the existing landscape but also to anticipate and adapt to the ever- evolving nature of international trade. The journey towards comprehensive findings is an exploration into the strategic nuances that define successful navigation of international markets. Data for the purpose is collected through a structured questionnaire and the data collected is expected to have the respondent’s knowledge and understanding of the trade and export policies global markets. For the purpose of analysis we used the correlation test in spss software in order to test the hypothesis and find the relationship between the variables.