International Trade: U.S. and India

This article discusses a relevant example of international trade, which we are beginning to talk about in class. Ultimately, the trade relationship between the U.S. and India had been limited in recent years and as a result the level of trade between the two countries hasn’t met the expectations set between Obama and Prime Minister Manmohan Singh in 2009. The main factors that have impeded business are due to recent actions taken by the Indian government, including compulsory licensing and tarrifs.

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